Incomes should increase with at least 12%-15% on an annual basis, so they can reach decent levels. In five years, the average monthly salary should reach EUR 1,685 and the minimum salary shold amount to EUR 870, the President of the Confederation of Independent Trade Unions in Bulgaria (CITUB) Plamen Dimitrov said for the BNR.
“In the past 7 or 8 months, inflation has eaten up a bigger chunk of the incomes’ increase. Higher inflation will contribute to increased revenues in the state budget to the tune of several billion leva”, Plamen Dimitrov contends. In his view, the state must use these additional revenues to raise incomes and pensions by 15% as of July 1, in order to offset the annual inflation.
In the first four months of the year, export of goods from Bulgaria to the European Union decreased by 4.2% compared to the same period last year and amounted to 8.6 million euros, BGNES reports, quoting data from the National..
An operation by the General Directorate Combating Organized Crime and the Supreme Cassation Prosecutor's Office has uncovered the largest illegal cigarette factory to date, Radio Stara Zagora of the Bulgarian National Radio has..
Albania is extremely committed to security and peace in the region, said the Speaker of the Albanian Parliament, Elisa Spiropali, who is on an official visit to Sofia. After a meeting with her Bulgarian counterpart Natalia Kiselova,..
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone...
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost..
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..
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