EUR 1,287 is the average monthly cost of living of a four-member household (2 adults and 2 children) in Bulgaria, data of the Bulgarian labor unions about the last trimester of 2019 show. The cost of living per person amounts to EUR 322 on average. The net wage of each of the two adults in the family should amount to at least EUR 644 per month after taxes and social security contributions to reach the average cost of living per person. Data about the third quarter of 2019 show that the net average monthly salary in Bulgaria was to the tune of EUR 495, or 23% lower than the necessary salary that would cover the basic cost of living in this country. The regional imbalance in terms of GDP per capita remains. Bulgaria’s capital Sofia forms 40.4% of the total gross domestic product. Five districts-Sofia, Varna, Burgas, Stara Zagora and Plovdiv form two-thirds of the total GDP.
The ministers of agriculture of Bulgaria, Hungary, Poland, Slovakia and Romania have signed a joint declaration concerning the agricultural aspects of the amended trade agreement between the EU and Ukraine, the Bulgarian Ministry of Agriculture..
Bulgaria reacted swiftly to a forest fire near the town of Kriva Palanka, North Macedonia, which is located near the Bulgarian -North Macedonian border. The fire, which broke out on Wednesday afternoon, spread rapidly and threatened the town itself,..
From July 10 to September 14, Bulgaria’s capital will live to the rhythm of Sofia Summer Fest. In tune with the summer season, the events take place outdoors – in South Park II, behind the Earth and Man National Museum. The sixth edition of the..
With 531 votes in favour, 69 against and 79 abstentions, the European Parliament approved Bulgaria's accession to the eurozone on 1 January 2026...
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone...
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost..
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