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.
Bulgaria’s Employment Agency reported a stable labour market in September, with the registered unemployment rate standing at 5.06%, down from 5.2% in August. Around 17,000 people found jobs through labour offices during the month, nearly 3,000 of..
Three Air Force officers were presented with the Presidential Badge of Honor, BTA reports. The head of state presented the award to Major General of the Reserve Ivan Parapunov, Lieutenant Colonel Stefan Stefanov and Major Dimitar..
Early elections will not help anyone. If elections were held now, the caretaker government would have no power to draft the most difficult budget in the past 30 years. This was what the president of the Confederation of Independent..
The Bulgarian National Radio will host the 2025 Public Broadcasters International (PBI) Annual Conference . The prestigious forum will be held from..
On Saturday, minimum temperatures will range from 8 to 13°C , around 9°C in Sofia. It will be mostly cloudy with rain in many areas. There will be..
Bulgaria’s Minister of Justice Georgi Georgiev conferred in Brussels with the European Commission team responsible for the Resilience and Recovery Plan..
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