EUR 1,287 is the average monthly cost of living of a four-member household (2 adults and 2 children) in Bulgaria, data of the Bulgarian labor unions about the last trimester of 2019 show. The cost of living per person amounts to EUR 322 on average. The net wage of each of the two adults in the family should amount to at least EUR 644 per month after taxes and social security contributions to reach the average cost of living per person. Data about the third quarter of 2019 show that the net average monthly salary in Bulgaria was to the tune of EUR 495, or 23% lower than the necessary salary that would cover the basic cost of living in this country. The regional imbalance in terms of GDP per capita remains. Bulgaria’s capital Sofia forms 40.4% of the total gross domestic product. Five districts-Sofia, Varna, Burgas, Stara Zagora and Plovdiv form two-thirds of the total GDP.
The Sofia Appellate Court left in custody Varna Mayor Blagomir Kotsev, who is charged with corruption and participation in an organized crime group. The judgment is final. One of the three judges, Andrey Angelov, signed with a dissenting..
Bulgaria’s Minister of Justice Georgi Georgiev conferred in Brussels with the European Commission team responsible for the Resilience and Recovery Plan (RRP) reforms in Bulgaria, reported the Ministry of Justice. EC: RRP payment depends on..
''Only two bridges connect Bulgaria and Romania along our 475-kilometer shared river border – this is a transport shortfall and a new 'Iron Curtain' within the European Union'', said Bulgaria’s Deputy Premier and Minister of Transport and..
Bulgaria, Greece and Romania have finalized a memorandum for joint cooperation on new transport projects, said European Commissioner for..
Suspicions of large-scale fraud with EU funds in a project to build a mussel farm in the Black Sea – southeast of Cape Emine in the..
In 2024, the gross domestic product of Bulgaria increased in real terms by 3.4% compared to the previous year, according to data by the..
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