The total average income per Bulgarian household in the third quarter of 2016 is 670 euros and increased by 3.7% compared to the same quarter of 2015. In the structure of total income, salaries come first(54.1%), followed by income from pensions (28.3%), self-employment (6.5%) and social benefits (3.2%). The total spending per household in the third quarter of 2016 is 625 euros monthly, which shows a rise by 4.7%. In the structure of total costs food has the largest share (31.6 percent), followed by housing (16.7%), taxes and social security taxes (11.6%), and transport and communications (10.8%).
"Yes, Bulgaria" party (part of "Democratic Bulgaria") have defined the budget for next year as an "economic tsunami". MP Ivaylo Mirchev was firm that the pary will oppose it when the project comes up for discussion in parliament. "Yesterday we were..
Bulgarian President Rumen Radev has presented the national flag to the participants in the 34th Bulgarian Antarctic Expedition. At a ceremony in the Hall of Arms, the flag was accepted by the head and doyen of Bulgarian research in the White Continent,..
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International Monetary Fund, at the high-level conference in Sofia titled ''Bulgaria on the Doorstep of the..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
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