The leadership of the Confederation of Independent Trade Unions in Bulgaria (CITUB) insists that a national subsistence wage be introduced in Bulgaria, with the minimum wage in the country reaching at least 80% of the subsistence wage by 2027. According to the International Labour Organization, the subsistence wage is the wage level required to ensure a decent standard of living for workers and their families, explained CITUB President Plamen Dimitrov.
The trade union proposes that calculations be made using a special consumer basket of 479 goods and services, excluding alcohol and cigarettes. According to the latest data, the subsistence gross wage is 1,874 BGN per month. For 2024, the country's minimum wage of 933 BGN is just under 50% of the subsistence wage.
Citizens should remain calm about the introduction of the euro in Bulgaria from January 1, 2026, as the Bulgarian National Bank and commercial banks are ready for all processes related to the currency conversion and distribution of euro banknotes. This..
Bulgaria’s Ministry of Finance has published the draft state budget in euros for 2026. The country’s GDP is projected to reach EUR 120.1 billion, with an economic growth rate of 2.7%. Planned revenues amount to EUR 51.436 billion, or 42.8% of GDP...
In 2024, 8.2% of people aged 18 or over who declared to be at work (either employed or self-employed) in the EU were at risk of poverty, according to data from Eurostat, cited by the BNR's Horizont channel. In Bulgaria, this share reached 11.8%. The..
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