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.
Between January and September 2025, Bulgaria’s capital recorded a 10% increase in tourist arrivals and a 6% rise in overnight stays compared with the same period in 2024, according to data from the Unified Tourist Information System (ESTI). The municipal..
Bulgaria’s Employment Agency reported a stable labour market in September, with the registered unemployment rate standing at 5.06%, down from 5.2% in August. Around 17,000 people found jobs through labour offices during the month, nearly 3,000 of..
Three Air Force officers were presented with the Presidential Badge of Honor, BTA reports. The head of state presented the award to Major General of the Reserve Ivan Parapunov, Lieutenant Colonel Stefan Stefanov and Major Dimitar..
The Ministry of Innovation and Growth is hosting a discussion on the topic "The Eurozone as part of the path to economic transformation". The press..
Between January and September 2025, Bulgaria’s capital recorded a 10% increase in tourist arrivals and a 6% rise in overnight stays compared with the same..
Three Air Force officers were presented with the Presidential Badge of Honor, BTA reports. The head of state presented the award to..
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