A working individual living in a one-person household needs a net monthly income of 1,521 BNG (EUR 747) to cover basic needs. A three-member household needs 2,738 BGN (EUR 1,344). The income needed to cover minimum living costs increases by 3.3% on a quarterly basis and by 4.6% on an annual basis, announced Plamen Dimitrov, President of the Confederation of Independent Trade Unions in Bulgaria, at a press conference where data on consumer prices and the living wage were presented.
A single working person needs a gross salary of BGN 1,960 (EUR 962). Data from February 2025 shows that 1,598,000 employed individuals, or 62% of all employees, earn less than the living wage. The average insurable income for full-time employees has increased by 7.8% year-on-year.
Around 4 billion euros in debt have been raised from international markets through two bond issues, market analysts confirmed to BNR. The amount was raised through issues of 9-year and 13-year bonds – marking the country’s first entry into the..
Natural gas prices are expected to fall by about 14% from current levels, Bulgargaz CEO Veselin Sinabov told a public meeting of the Energy and Water Regulatory Commission (EWRC). This means that one megawatt hour will cost 31.91 euro, compared to 36.88..
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..
The liberalization of the electricity market for household consumers and their entering the free electricity market, something companies did years..
Bulgaria's main trading partners are Germany, Romania, Italy, Greece and France, which account for 62.5% of exports to EU Member..
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