The minimum monthly salary in Bulgaria will be raised to EUR 235 on January 1, 2017, which is 9.5% more as compared to 2016. Thus, job seekers will be more motivated to join the labor market. Moreover, the employees who receive the minimum monthly salary would be more able to meet their needs. The increase of the minimum wages is expected to reduce the poverty risk among employed Bulgarians. The minimum hourly rate will become EUR 1.42. In 2017 the poverty line in Bulgaria will be set at EUR 160.55, which is EUR 7.16 more as compared to 2016.
Following the Council of the EU's and the European Parliament's decision on Bulgaria's accession to the eurozone, the country is entering the final phase of preparation, said Dimitar Radev , Governor of the Bulgarian National Bank (BNB), in an interview..
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone. Earlier, MEPs in Strasbourg had adopted the report supporting Bulgaria’s admission to the euro area...
A second ship carrying pipes for the Vertical Gas Corridor project, which will connect Greece and Romania, has arrived at the Port of Burgas. Energy Minister Zhecho Stankov oversaw the delivery. "These 2,526 pipes from India..
A new lane for heavy trucks over 12 tons will be opened at the Danube Bridge in Ruse, announced Ruse Regional Governor Dragomir Draganov. The initiative..
On July 7, the Bulgarian National Bank (BNB) puts into circulation a silver commemorative coin titled "175 Years Since the Birth of Ivan Vazov", BNB..
During its plenary session in Strasbourg today, the European Parliament is scheduled to vote on Bulgaria’s accession to the eurozone on 1 January 2026...
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