The minimum monthly salary is expected to increase. Currently, we are working on different scenarios for a higher minimum salary, Bulgaria’s caretaker Minister of Labor and Social Policy Galab Donev said for Nova TV.
Galab Donev said he supported the increase of incomes and the minimum monthly wages. The minimum salary will rise, but not to EUR 388 per month, as proposed by the biggest trade union in this country- the Confederation of Independent Trade Unions in Bulgaria. An increase from EUR 322 to EUR 388 would be too sharp, contends Minister Donev. Incomes have increased by an average of 14% this year, while inflation amounts to just over 2%. Pensions increased as well, reminded Minister Galab Donev. According to Minister Donev, the income growth has significantly outstripped inflation in 2021.
In the first quarter of 2025, the average quarterly total income per household member in Bulgaria was BGN 3,271 (€1,672), marking a 15.2% increase compared to the same period in 2024. This data comes from the Household Budget Survey by the National..
Bulgaria's main trading partners are Germany, Romania, Italy, Greece and France, which account for 62.5% of exports to EU Member States, according to NSI data. In February, exports of goods from this country to the EU decreased by..
The liberalization of the electricity market for household consumers and their entering the free electricity market, something companies did years ago, is being postponed. At least for now. The reform should have entered into effect on 1..
On the threshold of the active summer season, which in this country is no more than two months – July and August, the tourism industry..
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