The minimum monthly salary is expected to reach EUR 480 as of 2024, caretaker Minister of Finance Rositsa Velkova said in an interview with the Bulgarian National Radio (BNR). This is enshrined in the three-year medium-term forecast on which the 2023 draft budget is based. The medium-term forecast will be presented in Brussels. The budget will be put to a vote in the next National Assembly. The forecast also envisages that the minimum wage reach EUR 530 in 2025 and EUR 576 in 2026.
There will be two buffers in the 2023 state budget: capital expenditure cannot be redirected to another type of expenditure; the second buffer is a 10% limitation of expenditures that can be spent in the fourth quarter provided the balance is not disturbed.
The Bulgarian National Bank (BNB) will maintain its conservative monetary policy, central bank governor Dimitar Radev told Politico. I lead one of the more conservative central banks and we have no intention of changing this course, Radev was quoted as..
Between 50,000 and 70,000 foreign workers may be included in the Bulgarian labor market by the end of the year , according to estimates by the Ministry of Labor and Social Policy. This was announced by Minister Borislav Gutsanov before the relevant..
The transition and accession of Ukraine and Moldova to the EU are important because the largest Bulgarian national minority is located there, said Bulgarian Prime Minister Rosen Zhelyazkov in Odessa. He participated in the fourth Ukraine-Southeast..
Only 6% of Bulgarians lead a healthy lifestyle, according to a sociological survey conducted by the Research Center Trend, commissioned by the Health..
Bulgarian mother Mika Koleva and her children were forced to leave Northern Ireland after her home in Ballymena, County Antrim, was attacked by..
On Wednesday , the lowest temperatures will be between 16 and 19°C; in Sofia - about 16°C. During the day it will be mostly sunny. In..
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