In the first quarter of 2023, the average monthly salary in Bulgaria decreased by 2.5% as compared to the third trimester of 2022. Bulgaria’s capital Sofia tops the ranking with an average monthly salary of EUR 1,330.89, indicate data of the National Statistical Institute, BNR-Varna reported.
Sofia-district comes second with EUR 888.11, followed by Stara Zagora- EUR 882.49 and Varna- EUR 870.73.
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. The measures include: reducing the municipal administration by merging municipalities;..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
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