At the beginning of today’s cabinet sitting, Prime Minister Nikolay Denkov commented that the decision to raise the minimum salary as of 1 January is one of the most important decisions in the work on the national budget for 2024.
The minimum monthly salary in Bulgaria is to be 933 Leva (EUR 477) which means complying with the requirement to reduce inequalities in Bulgaria, Nikolay Denkov said.
“Bulgaria is still the country with the lowest minimum salary in the EU. We gradually have to alter the fact that the economy is attracting investors most of all because of the low salaries. We should be attracting investors more and more because we are offering high-quality production, high added value and qualified staff,” the Bulgarian prime minister said.
Google has donated an additional $1 million to the Institute for Artificial Intelligence and Computer Technologies (INSAIT) at Sofia University , bringing its total investment in the institute to over $6 million. According to the institute’s website,..
The Bulgarian government and the German defence group Rheinmetall have signed an agreement in Sofia to build a gunpowder and 155 mm artillery shell factory at the state-owned Vazov Machine Building Works (VMZ) in Sopot. The deal was signed by..
Bulgaria and China have agreed to further strengthen their cooperation in the field of science, technology and innovation at a high level, as well as in academic exchange. This happened during the Eighteenth Session of the Commission for Scientific and..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
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