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.
Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions, said MP Toma Bikov on behalf of the GERB-SDS parliamentary group after Bulgaria's accession to the..
An online currency converter is now available on the official website for the introduction of the euro in Bulgaria: evroto.bg. Following the official announcement of the exchange rate of 1.95583 leva to one euro, the calculator has been made easily..
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 defence spending . This will enable the countries to take on additional debt for defence purposes...
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..
Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions,..
The ministers of agriculture of Bulgaria, Hungary, Poland, Slovakia and Romania have signed a joint declaration concerning the agricultural aspects of..
+359 2 9336 661