The economic situation in Bulgaria calmed down at the end of 2023 after the uncertainty during the year, caused by the political situation and the lack of a budget until the end of July. This is what Lachezar Bogdanov, Chief Economist at the Institute..
2024 has begun with many changes in the incomes of Bulgarian citizens. The minimum wage is now EUR 477.04, an increase of 19.6% or EUR 78.23 compared to last year. The minimum hourly wage is 2.85 EUR. The minimum selected monthly social security income..
Investments from the USA and Canada in Bulgaria are larger in size and effect than official statistics report. This is indicated by the second study of the Institute for Market Economy in the last 5 years. For a number of reasons, many global..
The software industry is the most socially responsible business sector in Bulgaria. It brings taxes and insurances that are three times higher than the average for the country, drives consumption in the economy, is a major investor in changing the..
The cabinet has a governance program until the end of 2024, Prime Minister Nikolai Denkov said at the "Government Meets the Business" forum. Denkov added that work was being done to launch delayed reforms in the spheres of justice,..
Economic freedom in Bulgaria continues to decrease, according to the latest published research of the Institute for Market Economics, conducted jointly with the Fraser Institute, based in Canada. In the Economic Freedom of the..
In July 2023, the monthly inflation as measured by the consumer price index was 0.9% compared to the previous month , as the annual inflation for July 2023 compared to July 2022 was 8.5%. In July 2023, compared to the previous month, the..
The budget for 2023 comes into force late, we cannot expect miracles or anything extraordinary to happen in the next 5 months, Eurofound Executive Director Ivaylo Kalfin told BNR. "This budget is simply so that we have a budget to the end of the..
It is achievable to keep to a deficit of 3 percent, Petar Ganev, senior researcher at the Institute for Market Economy has told BNR. "We don't have pitfalls in the budget that are insurmountable. With a strict position of the finance..
In 2022, arms exports increased with 200% and amounted to EUR 1.6 billion. The growth in revenues is 220% compared to 2020", Bulgaria’s Minister of Economy Bogdan Bogdanov said for BNT. 2022 is the second year of the last 15 years with the highest..
