A working individual living in a one-person household needs a net monthly income of 1,521 BNG (EUR 747) to cover basic needs. A three-member household needs 2,738 BGN (EUR 1,344). The income needed to cover minimum living costs increases by 3.3% on a quarterly basis and by 4.6% on an annual basis, announced Plamen Dimitrov, President of the Confederation of Independent Trade Unions in Bulgaria, at a press conference where data on consumer prices and the living wage were presented.
A single working person needs a gross salary of BGN 1,960 (EUR 962). Data from February 2025 shows that 1,598,000 employed individuals, or 62% of all employees, earn less than the living wage. The average insurable income for full-time employees has increased by 7.8% year-on-year.
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..
Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or..
"Flower in a Test Tube" is an innovative project that creates a new product using plant biotechnology. But it does more than that—it tells a story about the power of the human mind and heart. The idea comes from Petar Neftelimov, a young man born with..
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