The Bulgarians spend under 30% of their incomes on food, data of the National Statistical Institute show. In the past 10 years food costs decreased at the expense of higher spending on taxes and social security. Meanwhile, food costs rose by 41%, spending on house maintenance and bills increased with 67.5%, and spending on taxes and social security increased more than three times. In 2018 the cost per person increased with 10.6%, whereas incomes rose by 7.6% only. The national statistics also shows that the money spent by the Bulgarian citizens last year was 30% more than the total volume of declared incomes, but analysts contend that this margin is covered mainly by the money sent by the Bulgarian emigrants to their country.
The Bulgarian government and the German defence group Rheinmetall have signed an agreement in Sofia to build a gunpowder and 155 mm artillery shell factory at the state-owned Vazov Machine Building Works (VMZ) in Sopot. The deal was signed by..
The Embassy of Bulgaria in Washington hosted a reception for the Board of Executive Directors of the oldest Jewish organization "B'nai B'rith" . This was announced by the diplomatic mission on Facebook . The organization’s CEO..
Applications for recognition of higher education obtained abroad have doubled. This was announced by Vanya Grashkina-Mincheva, executive director of the National Center for Information and Documentation before a meeting of the parliamentary education..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that..
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