Bulgarian households will spend up to 25% of their monthly income for gifts for Christmas and New Year, according to the 2018 Christmas Barometer survey of the Ferratum Group, conducted in 19-countries. It places Bulgaria at 4th place on planned expenses for the upcoming holidays. The Mexicans top the chart as they are going to spend almost half of their salary (48%) for presents, followed by the Brazilians (38%) and the Romanians (29%). The Dutch and the Germans will spend about 10% of their monthly income for the purpose. The most popular Christmas gift in 2018 will be clothing - 16%; toys (10%); sweets (9%) and family entertainment (8%).
The European Commission will announce next month the amount under the Recovery and Resilience Plan (RRP), the payment of which may be withheld if the required conditions are not fulfilled. "We have sent Bulgaria a letter detailing the amount in..
After a meeting of the National Council for Tripartite Cooperation , Social Minister Borislav Gutsanov said the Ministry of Labour and Social Policy proposed raising the minimum wage to BGN 1,213 (EUR 620) next year, up from EUR 550.68, an increase of..
'The quality of this year's grapes is perfect, but the quantity will be lower than last year,' said Krasimir Koev, director of the Executive Agency on Vine and Wine (EAVW), at the ninth Global Conference on Wine Tourism of the UN World Tourism..
During the night in the Danubian Plain it will be rainy and in places the amounts will be significant. In the southeastern regions of..
Solar power capacity in Bulgaria for electricity production will exceed 4 GW in 2025. This is equal to 4 large nuclear reactors, Dr. Maria Trifonova, a..
The repeated floods on the Black Sea coast are the result of uncontrolled development, destroyed natural environment and institutional..
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