The majority of Austrian companies that have invested in Bulgaria expect the economic climate in the country to remain stable (54%) or improve (13%) over the next 12 months. This was shown by the traditional "Survey among Austrian investors in Bulgaria" of Advantage Austria. The results were presented by Philippe Kupfer, Commercial Counsellor at the Austrian Embassy. The survey was conducted at the end of 2024 and includes representatives of 98 companies.
For 40% of respondents, the introduction of the euro in Bulgaria will have a positive impact on their activities, for 24% - "rather positive", for another 24% it will not have any impact.
Among the challenges for Austrian investors are the growth of wages in this country in recent years and the shortage of qualified labor force.
According to data from the Ministry of Labor and Social Policy, the average salary in Bulgaria during the first quarter of 2025 amounted to 2,443 BGN (EUR 1,249), which is an 11% increase compared to the same period in 2024 , BNR’s reporter Tsvetelina..
Joining the Eurozone, which includes 20 major European economies, will have an impact for the next 10, 20, 30 years, Bulgaria’s Premier Rosen Zhelyazkov told BNT, as quoted by BTA. According to him, the long-term benefits include a higher..
Before noon on Thursday, it will be mostly sunny, followed by cloudy skies and brief showers, mainly over western Bulgaria and the Central Balkan Mountains. In northwestern Bulgaria, the showers will continue until Friday night. It will be hot, with..
''Today, the European Commission and the European Central Bank categorically stated that Bulgaria meets the criteria for eurozone membership. This..
According to data from the Ministry of Labor and Social Policy, the average salary in Bulgaria during the first quarter of 2025 amounted to 2,443 BGN..
Joining the Eurozone, which includes 20 major European economies, will have an impact for the next 10, 20, 30 years, Bulgaria’s Premier Rosen..
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