European Wage Growth Slows at End of 2023: Bulgaria Outpaces EU Average
Data released by Eurostat reveals a notable deceleration in wage growth across the European Union (EU) and the eurozone during the final quarter of 2023
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It wouldn't be surprising if the Bulgarian Black Sea coast becomes "the new 'hot' destination in Eastern Europe," according to a New York Times article.
"With its abundance of inexpensive lodging, fantastic seafood and gorgeous (free) beaches," combined with "some good round-trip airfares from the United States to [the capital] Sofia" are among the advantages that the author, Lucas Peterson, points out when describing a few days' trip he took along the coast.
The area is "steeped in history," with southern Bulgarian towns of Nessebar and Sozopol bearing a "deep sense of the past" dating back to the Thracian era and subsequently to Greek colonizers.
The story is available here.
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Brazen Bulgarian gangs "terrorise the elderly and rob them over their life savings with increasingly aggressive phone scams nettling millions of euros," according to an AFP story.
The prospect of US President Donald Trump's moving closer to Russia has scrambled the strategy of "balancing East and West" used for decades by countries like Bulgaria, the New York Times says.
Bulgarians have benefited a lot from their EU membership, with incomes rising and Brussels overseeing politicians, according to a New York Times piece.
German businesses prefer to trade with Bulgaria rather than invest into the country, an article on DW Bulgaria's website argues.
The truth about Bulgaria and Moldova's presidential elections is "more complicated" and should not be reduced to pro-Russian candidates winning, the Economist says.
President-elect Rumen Radev "struck a chord with voters by attacking the status quo and stressing issues like national security and migration," AFP agency writes after the presidential vote on Sunday.
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