A study of the European Trade Union Institute and the European Trade Union Confederation has found out that Bulgaria, Poland and Germany are the only countries in the EU where the average rate of actual wage rise during the period 2009-2016 was higher than that marked during 2001-2008.
Bulgarian union CITUB commented that major factors for the growth of wages in Bulgaria are structural changes in employment at the beginning of the crisis, competitive pressure on the European labor market in recent years and an unprecedented prolonged deflation.
The union, however, pointed out that ultimately the growth has been low, starting from a very low base level. For example in 2016 the average salary in Finland was € 3,333, while in Bulgaria it was just 523 euros or 7 times lower.
On Saturday , the lowest temperatures will be between 7 and 12°C; in Sofia - around 8°. In the morning hours visibility will be reduced in the plains. Before noon, precipitation will temporarily stop. In the second half of the day,..
The National Assembly adopted today, at first and second reading, legislative amendments that expand the powers of the special manager of the Lukoil refinery. The texts were adopted with the votes of the parliamentary majority formations GERB-SDS,..
Sales of starter sets with euro coins with the Bulgarian national side will begin on December 1, 2025 , the BNB announced. They will be in circulation from January 1, 2026. The BNB and Bulgarian Posts will sell starter sets only to individuals;..
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