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%).
Bulgarian intermediaries have been identified as some of the links in an investigation into an international scheme for laundering Russian money. BGNES cites data from Intelligence Online according to which two Bulgarian brokerage companies..
From today until December 21, Sofia’s City Garden is hosting the traditional German Christmas Market. The 15th edition of the market features food stalls, fragrant mulled wine, and cultural events, including concerts by young performers and..
Illegal recruitment agencies in Uzbekistan are sending workers to Bulgaria with promises of salaries of 5,000 leva (€2,560) . The reality often discourages them from staying, leaving employers at a loss. Officials, employer organisations and businesses..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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