94% of workers in Bulgaria are dissatisfied with their salary, shows a survey conducted by Podkrepa Confederation of Labor. 91% of the respondents in the representative survey said that they receive a net income of less than 2,500 BGN (1,250 EUR) and only 8% earn more than this amount.
The share of working poor earning less than BGN 1,100 (EUR 550) is 24%, the Podkrepa Confederation of Labour said. Two-thirds of the working population earn between 1,100 BGN (EUR 550) and 2,500 BGN (1,250 EUR). It also becomes clear that 36% of workers receive bonuses in addition to their salaries.
People want the minimum wage to be above the subsistence minimum and the cost of living. 85% of respondents support the idea that a tax-free minimum is necessary. 99% are in favor of annual wage indexation.
The Bulgarian Ministry of Defense is requesting a postponement of one of the large payments under the contract for the second F-16 to 2028. Defense Minister Atanas Zapryanov said that this is necessary because Bulgaria will encounter difficulties in..
Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil company Lukoil, Reuters and BNR Horizont reported. The general license allows companies and banks to..
The leader of "We Continue the Change", Asen Vassilev, described the selection of Rumen Spetsov as a special manager at Lukoil as a "bad joke". "Rumen Spetsov was appointed to collect taxes, not to manage a refinery. There is a..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
In 2026, Bulgaria will assume the presidency of the EU Strategy for the Danube Region for the second time. The symbolic handover of the presidency took..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
Mostly Cloudy
Fog
Cloudy