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Krassen Stanchev

Despite the political crisis in the country, the economy is developing steadily, Krassen Stanchev says

The political crisis is not affecting the economy in the short term – within 1-2 years , says Assoc. Prof. Krassen Stanchev from the Institute for Market Economics. “The political crisis is affecting those who are highly regulated – mostly big..

22.08.24 11:22 |

Average salary in Bulgaria reaches 1022.58 EUR

In the third quarter of 2023, the average salary for Bulgaria rose to BGN 2,000 (1022.58 euro). The increase on an annual basis is 14.7%, according to the data of the Ministry of Labour and Social Policy.  The highest average salary is in the..

12.12.23 17:46 |

Average salary in Bulgaria in last quarter of 2022 estimated at EUR 1,000

Compared to the third quarter of 2022, the average monthly salary increased by 7.8 percent in the fourth quarter of 2022 and reached BGN 1,879 , BTA reported.  According to preliminary data of NSI, compared to the previous year 2021, the increase..

14.02.23 13:05 |

Minimum wage in Bulgaria will be 50% of the average gross salary

The National Assembly adopted at second reading  amendments to the  Labour Code . The MPs decided that the minimum wage should be 50% of the average salary in the country. According to the amendments, the amount of the minimum salary..

01.02.23 14:51 |

The average monthly salary in Bulgaria exceeds EUR 500

The average monthly salary in the country has exceeded BGN 1,000 (EUR 511) in all  regions, indicate data of the Institute for Market Economics. However, there are still small municipalities with lower incomes where some population groups..

09.07.22 14:24 |

The highest salaries in Bulgaria are in small municipalities with large employers

The Institute for Market Economics reports that the highest salaries in Bulgaria are in small municipalities with large employers for another consecutive year. Leading are the municipalities in Sreda Gora region, on the territory of which there is a..

13.04.22 19:10 |

The average salary in Bulgaria has increased by 6.1% in last quarter of 2021

According to preliminary data of the National Statistical Institute, the number of employees in Bulgaria at the end of December 2021 decreased by 0.7% compared to the end of September 2021 and reached 2.27 million. In the fourth quarter of 2021, the..

14.02.22 18:44 |

Average monthly salary in Bulgaria increases with 7.1% year on year

In the first quarter of 2018 the average monthly salary in Bulgaria increased with 7.1% as compared to the same period last year to EUR 551, the National Statistical Institute informs. The highest salaries are in Production and Distribution of..

14.05.18 12:06 |
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