The two largest trade unions in Bulgaria, the Confederation of Independent Trade Unions in Bulgaria (CITUB) and the Confederation of Labor "Podkrepa", objected the 2023 draft budget announced by the caretaker Minister of Finance. According to the draft budget, the minimum salary should remain unchanged at BGN 710 (EUR 363).
However, the trade unions insist that it should amount to 50% of the average salary and described the proposal as a sabotage of social dialogue. "Taking into consideration the current inflation which is nearing 19%, a minimum wage of EUR 363 is an insult to everyone who receives it," said Lyuboslav Kostov, Chief Economist at the CITUB. In his words, the net amount of the minimum salary is almost equal to the poverty line. The draft budget also envisages an annual average inflation rate of 6.4%. According to the draft budget, unemployment will stand at 4.6% and the gross domestic product will increase with 1.6%.
Bulgaria marks the Day of Organic Agriculture. In the EU, just 10.4% of production is organic, and in Bulgaria it is just 2-2.2%, Nadezhda Shopova from the Institute for Climate, Atmosphere and Water Research at the Bulgarian Academy..
It will be sunny on Saturday. In the morning fog is expected in the eastern regions of Bulgaria. The lowest temperatures will be between 11 and 16°C; in Sofia – about 12°C. The highest will be between 29 and 34°C; in the capital..
The poverty line for 2025 will be BGN 638 (EUR 326.2), the government has announced. It will increase by BGN 112, or by 21.3% compared to 2024. '' The new poverty line will positively impact vulnerable and low-income groups'', the government said...
Friday will be sunny and temperatures will rise during the day to reach 28-33°C, 29°C in the capital. Lows will be between 11 and 16°C, 11°C in Sofia...
For the first time in 38 years the population of Bulgaria has practically stopped its downward trend. In 2023 the decline is by a mere 0.3%, or just..
Bulgaria is growing more and more visible for businesses in the US, said Bulgaria’s President Rumen Radev at a briefing in New York after meeting with..
+359 2 9336 661