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.
The growth of the national economy in the second quarter of 2025 accelerated by 3.5% on an annual basis. According to an analysis by the Bulgarian National Bank - BNB, the main factors for the acceleration are the decrease in imports..
For the first time, Bulgaria’s Minister of Finance Temenuzhka Petkova took part as an observer in the regular meeting of the Eurogroup held in Luxembourg, the Ministry of Finance said. Until now, Bulgaria has only participated in Eurogroup..
Since the beginning of the current year, Bulgaria has experienced record heat waves, a series of devastating fires, and a new disaster just days ago – catastrophic floods that claimed human lives . Climate change already has its price – and it is..
The average price of apartments sold in Sofia in the third quarter of 2025 reached €2,310 per square metre , marking an annual increase of 25.5%,..
Natural gas prices in Bulgaria are set to fall by just over 4% in December , significantly higher than the previously forecast 1% drop, according to..
Rain
Cloudy
Scattered showers
Cloudy