Bulgaria's Wage Growth Set to Reach 9.1% in 2025
The Bulgarian Ministry of Finance expects wage growth to reach 9.1% in 2025, largely driven by the recent increase in the minimum wage
The private supplementary pension insurance funds roll off assets for BGN 11.7 billion as of June 30, 2017. This is clear from the statistics of the Financial Supervision Commission.
This represents a growth of the company's assets by nearly 20% (19.51%) compared to the end of the first half of 2016. The total number of insured persons in the four pension funds by the end of June is 4 526 475. However, it is unclear what part of these accounts are active, as well as cases of persons who are insured for just several months.
In recent years, food prices in Bulgaria have become a key issue in both public and political discussions
Eurozone nations have expressed their support for Bulgaria’s progress toward adopting the euro
After an extensive session in the Bulgarian National Assembly, MPs approved the state budget for 2025 following a lengthy debate and multiple votes
Bulgaria is fully meeting all nominal criteria required for joining the eurozone
The introduction of the euro in Bulgaria will not lead to changes in loan or deposit interest rates
In the fourth quarter of 2024, Bulgaria's economy showed a stronger performance than anticipated
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