ПРОГРАМИ
en de ru fr es sr gr al tr ro
Podcast in English
Share
Text size
Bulgarian National Radio © 2024 All Rights Reserved

The average Bulgarian is not impoverished, industrialist Vasil Velev claims

Vasil Velev
Photo: BGNES

The average Bulgarian has not become poorer in 2022, Vasil Velev, Chairman of the Industrial Capital Association in Bulgaria, told BNR, quoting statistics. He explained that for some workers there is a higher wage growth, while for others the statistics do not show any growth at all. This also affects consumption. "The average Bulgarian has not become poorer despite inflation, unlike the average European, because on average in Europe incomes lag behind inflation," Velev says.
"Bulgaria's GDP for 2022 has grown by 3.4%, this is slightly more than expected. We have the highest export growth in the whole EU for 2022 - 38%. We also have wage growth outpacing inflation. For the last quarter in the private sector, average wage growth was 17.7% with inflation below 16%," Velev said.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.
Radio Bulgaria Economy    Industrial Capital Association poverty Vasil Velev

More from category

Bulgaria and Argentina take new steps in their trade cooperation

Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the Chaco province to Bulgaria at the beginning of November . High-ranking officials from the..

published on 11/5/24 11:49 AM
Dobrin Ivanov

Employers want the Supreme Administrative Court to freeze the minimum wage

Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...

published on 11/5/24 11:41 AM

Jesus Caballero grabs Manager of the Year Award for 2024

If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics...

published on 11/5/24 9:54 AM

WEATHER
Pick city: Sofía
Clear
Min: -1 | Max: 13
Clear
Min: 7 | Max: 13
Clear
Min: 7 | Max: 12
Partly Cloudy
Min: 3 | Max: 15
Partly Cloudy
Min: 5 | Max: 13
Partly Cloudy
Min: 6 | Max: 15
Partly Cloudy
Min: 6 | Max: 15
Clear
Min: 1 | Max: 10
Clear
Min: 1 | Max: 13
Clear
Min: -2 | Max: 11
Partly Cloudy
Min: 4 | Max: 15
Partly Cloudy
Min: 3 | Max: 15
Clear
Min: 7 | Max: 17
Clear
Min: -1 | Max: 11
Partly Cloudy
Min: 5 | Max: 15
Clear
Min: 12 | Max: 18
Clear
Min: 3 | Max: 11
Clear
Min: 6 | Max: 12
Clear
Min: 5 | Max: 10
Clear
Min: 9 | Max: 15
Clear
Min: 0 | Max: 10
Clear
Min: 1 | Max: 12
Clear
Min: 1 | Max: 13
Clear
Min: 5 | Max: 13
Clear
Min: 4 | Max: 16
Clear
Min: 7 | Max: 12
Clear
Min: 3 | Max: 14
BULGARIA IN PICTURES
Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?
Yasen Gyuzelev
Theodore Ushev
Christo Javacheff - Christo
Ilia Peikov
Lika Yanko

BULGARIANS ABROAD

Български English Русский Deutsch Српски Français Ελληνικά Español Shqip Türkçe Română
MOST VIEWED

Businesses are cautious in their expectations for 2025

41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change..

published on 12/17/24 11:32 AM

english@bnr.bg

+359 2 9336 661

Общи условия за използване на сайта | Политика за поверителност | Политика за "бисквитки"