Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

More than two-thirds of working people in Bulgaria receive salaries below normal cost of living threshold

Photo: archive

EUR 648 per month is the net income a working person needs to cover the cost of living, according to the Institute for Social and Trade Union Research of the Confederation of Independent Trade Union (CITUB).

In June, a family of three – two working parents and one child – needed EUR 1,168 per month, without any luxury spending. Since the beginning of the year, living expenses have gone up by 15.6%, CITUB President Plamen Dimitrov stated. In the space of a year, living expenses for one household member have gone up by EUR 102, with food expenses rising most steeply. According to the CITUB, more than 1.7 million Bulgarians receive salaries below the normal cost of living threshold, or almost two-thirds of all working people in the country.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Ivelin Mihaylov

Velichie founder Ivelin Mihaylov says he was threatened by party’s parliamentary group chair Nikolay Markov

“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their support,” Ivelin Mihaylov, one of the founders of Velichie party said for the BNR. GERB-SDS..

published on 7/2/24 10:08 AM

IMF urges Bulgaria to raise social security contributions and pensions

In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..

published on 7/2/24 9:21 AM
Dimitrina Goranova

Tourist industry wants lower VAT to remain in place

Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..

published on 7/2/24 8:48 AM