Despite the crisis over the Covid-19 pandemic, business and government spending on wages is rising. According to the National Statistical Institute, in the second quarter of the year the total costs per hour of work increased by an average of 9.9 percent compared to the same period last year.
In industry the rise is by 10.7%, in services by 9% and in construction by 6%. The highest growth of total labor costs is in the sectors of "Real Estate" by 24%, in "Education" by 19% and in "Mining and Quarrying" by 13.5%. The lowest increase is in the most affected by the crisis branch of "Hotels and Restaurants" by 3.4 percent.
Two billion euros in additional state guarantees and a concession of the Bulgarian Sports Totalizator are part of changes to the draft budget for 2026, submitted between the first and second readings. The change that increases the..
The increase in the minimum wage is supported by 54.1% of Bulgarians. 1/3 of respondents believe that the minimum wage should be equal to the living wage. This is indicated by the results of a representative survey by the Myara..
“We see a rational plan for a quick peace from President Donald Trump, according to which the situation on the battlefield is developing extremely unfavorably for Ukraine, and he is trying to prevent a worse scenario and additional casualties,”..
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