In the second quarter of the year, the average salary increased by 12% year over year, reaching €1,315.04.
Borislav Gutsanov, the Minister of Labor and Social Policy, announced this information after today's meeting of the National Council for Tripartite Cooperation (NCTC). According to Gutsanov, Sofia had the highest average salary from April to June of 2025, at €1,783.90 — 37.5% higher than the national average. The highest wage growth was reported in Blagoevgrad (20.3%), Targovishte (18.3%), and Smolyan (17.3%).
Gutsanov commented that reducing poverty requires sustainable income from work.
At today's NCTC meeting, the government, supported by the business community, proposed setting the poverty line at €390.63. However, trade unions disagree because this amount falls short of people's real needs. They insist that the poverty line be set at 400 euros.
At the end of September, with a little over three months to go until the Rubicon in Bulgarian public finance - 1 January, 2026, when the country will officially leave the currency board and adopt the single European currency, the euro – issues..
Bulgaria is among the most dynamic and promising economies in Southeastern Europe, said Prime Minister Rosen Zhelyazkov. He participated in a luncheon roundtable discussion in New York organized by the Delphi Economic Forum and the Business Council..
Plovdiv is hosting the 79th International Technical Fair from September 24 to 27, 2025 , bringing together leading companies, innovators, and industry professionals. The Forum highlights technological advancement and sustainable development across key..
Overcast, rain
Cloudy