Pessimism among Bulgarian consumers grew in April, statistics show. Confidence has decreased by 4.9 points since the beginning of the year, according to a study by the National Statistical Institute. Bulgarians point out that in the past 12 months there was a rise in consumer prices, which intensify inflation expectations for the next 12 months. The economic situation in the country has been assessed as unfavorable for saving. People are also tend to postpone the purchase of durable goods, a home or making home improvements over the next 12 months. Most of the polled do not expect a sharp rise in unemployment.
In 2022, 14.7% of workers in the EU were low-wage earners . By definition, low-wage earners are those who earn two-thirds or less of the average gross hourly wage in the country. Bulgaria had the highest share of low-wage earners (26.84%). This..
The European Commission hopes to have a positive decision this year on at least part of the second payment under the Recovery and Resilience Plan in the amount of 653 million euros for Bulgaria . This was stated by the Commission spokesman Maciej..
There will be no recount of ballots from the recent parliamentary elections in October 2024. The Central Election Commission (CEC) met today after the Constitutional Court yesterday ordered a recount of the parliamentary election results due to numerous..
Foreign Minister Georg Georgiev today received at the Foreign Ministry Susan Falatko, who arrived in Sofia a few days ago as Charge d'Affaires of the U.S...
The Ministry of Foreign Affairs has advised Bulgarian citizens to avoid traveling to Greece because of a planned national strike today. The Foreign Ministry..
On the day of the third boycott of large retail chains their turnover increased by over 1 million euros, according to data from the..
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