Bulgarian households will spend up to 25% of their monthly income for gifts for Christmas and New Year, according to the 2018 Christmas Barometer survey of the Ferratum Group, conducted in 19-countries. It places Bulgaria at 4th place on planned expenses for the upcoming holidays. The Mexicans top the chart as they are going to spend almost half of their salary (48%) for presents, followed by the Brazilians (38%) and the Romanians (29%). The Dutch and the Germans will spend about 10% of their monthly income for the purpose. The most popular Christmas gift in 2018 will be clothing - 16%; toys (10%); sweets (9%) and family entertainment (8%).
The Constitutional Court has failed to make a decision on the amendments to the Constitution relating to the possibility of the president to choose acting prime minister from a limited list of officials in the state administration...
Bulgaria’s position on the Gaza Strip remains unchanged. The priority is direct dialogue with Israel, aimed at improving the humanitarian situation in Gaza and achieving a lasting peace based on the two-state solution, the Bulgarian Ministry of..
Bulgaria’s National Assembly has passed, at second reading, amendments to the Road Traffic Act. Municipal cameras and those from the national toll system will now be used to detect speeding violations. The changes allow for the introduction of..
According to forecasts by industry representatives, the introduction of the euro is expected to impact property prices in Bulgaria . Some predict price..
By the end of the second quarter of 2025, a net monthly income of BGN 2,748 (€1,331) is required to support a household of two adults and a child under..
The National Assembly adopted a declaration condemning the ongoing war against Ukraine and the political repression of Vladimir Putin's regime with 112..
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