The minimum monthly salary is expected to reach EUR 480 as of 2024, caretaker Minister of Finance Rositsa Velkova said in an interview with the Bulgarian National Radio (BNR). This is enshrined in the three-year medium-term forecast on which the 2023 draft budget is based. The medium-term forecast will be presented in Brussels. The budget will be put to a vote in the next National Assembly. The forecast also envisages that the minimum wage reach EUR 530 in 2025 and EUR 576 in 2026.
There will be two buffers in the 2023 state budget: capital expenditure cannot be redirected to another type of expenditure; the second buffer is a 10% limitation of expenditures that can be spent in the fourth quarter provided the balance is not disturbed.
The ruling GERB party claimed that employers are in favour of a higher VAT rate, but employer organisations denied this, insisting that no such proposal had ever been made. This clarification followed a meeting between GERB leader Boyko Borissov..
Ninety participants representing 57 Bulgarian folklore ensembles from across Europe and North America gathered in Sofia for their fourth Creative Meeting and Seminar. The event was highly constructive, featuring useful workshops and guest lecturers...
The European Commission has disbursed €438.6 million to Bulgaria as part of the second payment under the Recovery and Resilience Facility (RRF). On 3 October 2025, the Commission partially approved the payment, stating that Bulgaria "still needs to..
The amount of the average social security income for the country for September 2025 is 962.25 EUR and the amount of the average monthly social security..
The Sofia City Court has postponed the extradition case of Igor Grechushkin, the owner of a cargo ship linked to the explosion at the port of Beirut in..
Bulgaria’s Energy Minister, Zhecho Stankov, has reassured citizens and businesses that the country’s fuel supplies are sufficient to last for an extended..
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