Inflation has outpaced wage growth in almost all sectors of the Bulgarian economy and consumer prices have risen by 10% year-on-year. These are part of the conclusions in an analysis by the Institute for Market Economy.
Average wage growth in May and June on an annual basis was slower than consumer price growth. The rise in prices exceeded that of the average gross wage by 4% in May and by 3.2% in June, while in the cold months we are expected to see even higher prices for food, fuel and household bills. Only trade and administrative activities show faster wage growth compared to inflation. Large differences in remuneration between individual economic sectors also remain a problem.
''Terem'' company has been ranked first in the competition for the overhaul of six engines for the MiG-29 fighter aircraft. This is clear from the documents uploaded on the Bulgarian public procurement portal. The repair will cost EUR 118,370,000. A..
Little Bulgarian School in Chicago now has its own star in outer space. It is named after the educational center on the occasion of its fifteenth anniversary and the fifth anniversary since the founding of the Little Bulgaria Center, Little Bulgarian..
''We must not allow nuclear technology to be used for blackmail and aggression. We must do everything possible to protect the nuclear safety and security of Ukraine, Europe and the world'', caretaker Premier Dimitar Glavchev said at the Ukraine Peace..
I have good news for the voters of "We Continue the Change" - "Democratic Bulgaria". Without our participation in the consultations GERB leader Boyko..
Bulgaria is among the countries in Europe where the tiger mosquito, which carries viruses such as dengue and zika, has become established. This was..
On 15 June, Unit 6 of the Kozloduy Nuclear Power Plant will be shut down for planned preventive maintenance due to a detected malfunction in the oil..
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