The World Bank has lowered its forecast for the growth of the Bulgarian economy for the current year to 3.3% compared to 4.3% in its June report. In 2022, the institution expects Bulgaria’s growth to accelerate to a level of 3.7%.
At the same time, the bank forecasts a weaker contraction of Bulgaria's GDP for past year - by 5.1%, compared to the initially projected 6.2%. This was announced today by the bank, quoted by Reuters.
In the second quarter of the year, the average salary increased by 12% year over year, reaching €1,315.04. Borislav Gutsanov, the Minister of Labor and Social Policy, announced this information after today's meeting of the National Council for..
As of August 8, 2025, the mandatory indication of prices for all goods and services in Bulgaria in two currencies – in Bulgarian leva and in euros – has been in effect. This obligation will remain valid for traders for a period of one year – until..
As of January 1, 2026, the minimum monthly wage should be 1,213 BGN (EUR 620.2), up from the current 1,077 BGN (EUR 550.66), said Luboslav Kostov, Chief Economist at the Confederation of Independent Trade Unions in Bulgaria (CITUB), in an interview..
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