In 2022, Bulgaria is expected to receive the first tranche under the Recovery and Resilience Plan to the tune of to EUR 1.6 billon , this country’s Deputy Premier and Minister of Finance Assen Vassilev said in an interview for the BNR.
In his words, the negotiations with the European Commission under the plan are not easy, but Bulgaria expects to get an approval in the beginning of April. According to the 2022 draft state budget, the minimum monthly salary will increase to EUR 363 as of April 1.
“I don’t have to apologize for telling the truth”, Assen Vassilev said. Earlier, Bulgarian employers demanded an excuse from Minister Vassilev for calling some of them incompetent. “Labor productivity in Bulgaria amounts to just under 50% of the EU average, while wages amount to 26% of the EU average. In other words, labor productivity significantly outpaces wages”, Minister Vassilev said.
A cold atmospheric front will pass through Bulgaria over the next 24 hours . During the night, cumulus and cumulonimbus clouds will develop over the northwestern regions, and on Wednesday over the rest of Northern Bulgaria and in some places in..
Finance Minister Temenuzhka Petkova said in Brussels, at the official ceremony for signing the final documents marking Bulgaria’s entry into the eurozone and the adoption of the euro on 1 January 2026, that the country will remain a firm supporter of..
Following the Council of the EU's and the European Parliament's decision on Bulgaria's accession to the eurozone, the country is entering the final phase of preparation, said Dimitar Radev , Governor of the Bulgarian National Bank (BNB), in an interview..
A new lane for heavy trucks over 12 tons will be opened at the Danube Bridge in Ruse, announced Ruse Regional Governor Dragomir Draganov. The initiative..
On July 7, the Bulgarian National Bank (BNB) puts into circulation a silver commemorative coin titled "175 Years Since the Birth of Ivan Vazov", BNB..
During its plenary session in Strasbourg today, the European Parliament is scheduled to vote on Bulgaria’s accession to the eurozone on 1 January 2026...
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