Protests in Bulgaria’s Psychiatric Hospitals Over Low Pay and Rising Mental Health Cases Among Youth
Workers in psychiatric hospitals across Bulgaria are protesting due to the low salary increase offered to them
Salaries of top politicians in Bulgaria will be frozen at their levels from the end of 2009, according to Prime Minister, Boyko Borisov.
The move will be implemented despite the cabinet's decision to up the minimum monthly wage in Bulgaria in May, 2012 – from BGN 270 to BGN 290.
"This is the situation globally; this is the situation in Bulgaria," Borisov says, cited by "Monitor" daily.
According to the Parliamentary Code, the wage of Members of the Parliament equals three times the average monthly salary for the country.
The average salary in the third quarter of 2011 was BGN 753. If it stays at this level in the beginning of 2012, it means that MPs, whose fixed salaries range between BGN 2 196 and BGN 2 259, will lose BGN 63 each month.
Ministers, on their part, will lose BGN 82 a month. Their salaries are fixed at BGN 2 855.
Borisov has a monthly wage of EUR 1 500, which he says is way less than the one of his western counterparts.
A significant portion of Bulgarians' savings is already held in euros, signaling the country's readiness for the currency switch, even before its official adoption
Inflation in Bulgaria is projected to rise ahead of the country’s euro adoption
The Bulgarian National Bank (BNB) has announced that it will stop publishing the key interest rate following the country's adoption of the euro
Iliya Lingorski, a member of the Bulgarian National Bank's (BNB) Governing Board, highlighted the significant logistical challenges of adopting the euro in Bulgaria
The Bulgarian National Bank (BNB) has clarified the procedural changes that will take effect with the adoption of the euro as Bulgaria’s official currency.
During the one-month transition period after Bulgaria adopts the euro, ATMs across the country will distribute only euro banknotes
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase