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.
The real estate market in Bulgaria has steadily been growing in the past few years. There has been talk of a price bubble, inflated to serious proportions at the time of the pandemic, though expectations that it is going to burst have come to nothing...
One of the key steps in the expansion of the underground gas storage at Bulgaria's Chiren gas storage facility, the construction of the above-ground infrastructure and the installation of new compressors, has already been completed, Energy Minister..
Transformation – this is the word that most accurately describes the current state of the Bulgarian industry. According to an analysis of sectoral data for the period from 2008 to the beginning of 2024, made by the Institute for..
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