Only 20% of Bulgarians have received a pay rise, and 80% are unable to cover their day-to-day living expenses.
According to a survey by the National Statistical Institute, 80% of working people in Bulgaria have received practically no pay rise even though inflation in the past year has been in the double digits. Shortage of cash has pushed one-third of the respondents to cut down on their energy consumption, with almost 9% of the respondents living in cities saying they cannot afford a sufficient level of energy consumption, the survey shows. In villages statistics show a 9 percentage point increase in the share of this group, which means 37.8% of respondents are energy poor.
The EU Court of Justice in Luxembourg has restricted the practices of quick loan companies. The magistrates ruled that the guarantors' fees must be included in the price of the loan, in the so-called annual percentage rate of charge...
For Russia, hybrid war is an ideology and industry, investigative journalist Hristo Grozev told MEPs from the special committee for the protection of European democracy. Grozev joined the meeting online, at which Russian hybrid..
Sofia has met the last criterion for entering the eurozone. After meeting the inflation criterion, the data on the budget deficit for 2024 should have been released according to the EU methodology. In 2024, the institutional..
A strong earthquake with a magnitude of 6.2 shook Istanbul at 12.49 local time and was felt to varying degrees across Bulgaria, BTA reported, citing the..
The full accession of Bulgaria and Romania to the Schengen area is strengthening the European Union's economy significantly. This is stated in a report..
Sofia has met the last criterion for entering the eurozone. After meeting the inflation criterion, the data on the budget deficit for..
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