A working person living alone needed 726 euros of net monthly income at the end of 2023 to cover basic needs. A three-member family of two employed people and a child needs EUR 1,307 per month, the Institute for Social and Trade Union Studies at the CITUB reported.
Compared to the end of 2022, the sums increase by 44 euro for a person and by 79 euro for a family. Over 1.6 million Bulgarians receive remuneration below the wage needed for normal living, the president of the trade union, Plamen Dimitrov announced. "64.3% of all working insured persons, receive payments that do not reach the level of salary needed for the sustenance of one person," Dimitrov said. CITUB Vice President Violeta Ivanova added that despite lower inflation, there was an annual rise of 7.2% in the prices of basic food products.
The Confederation of Labor "Podkrepa" has strongly opposed the proposed measures for a more favorable regime for hiring staff from non-EU countries. "The government is proposing a measure to ease labor migration quotas, suggesting that up to..
In recent years, Bulgaria has been collecting and processing 15,000 tons of herbs annually . Nearly 90% of them are exported. More than 200 herbs are widely used in the pharmaceutical, cosmetic and food industries. Active trade covers more than 20..
Bulgaria is still on the position that there should be five crossings on the Danube River, Deputy Premier and Minister of Transport and Communications Grozdan Karadjov said at a meeting of the National Assembly Committee on Transport and..
Bulgaria’s President Rumen Radev met in Tokyo with Japan’s Prime Minister Shigeru Ishiba as part of his visit to Japan. Rumen Radev and Shigeru Ishiba..
Banking services in Bulgaria are among the most accessible in the EU, according to an analysis by the Association of Banks in Bulgaria . According to it,..
Only 2 kilometers remain to be built on the Bulgarian side of the railway corridor known as Corridor No. 8, which is intended to connect the Adriatic..
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