Bulgaria and the Euro: What Happens to National Monetary Sovereignty?
One of the most debated topics around Bulgaria’s upcoming transition from the lev to the euro is whether the country is giving up its sovereignty
The minimum wage will rise to BGN 610 from January 1, 2020. Its amount will increase by BGN 50 or 8.9% compared to this year, the government decided.
The economic development, sustainable GDP growth, an increase in the number of employees and a reported increase in the national average wage contribute to the increase in the minimum wage to BGN 610.
The proposed new minimum wage of BGN 610 will have a beneficial effect on domestic demand, employment and the standard of living of the part of the workforce with the lowest income.
Starting January 1, the minimum hourly wage will be BGN 3.66.
Inflation in Bulgaria recorded a slight uptick in May 2025
Bulgaria has secured an additional 300 million leva in debt from the domestic market, according to the results of the latest government securities auction held by the Bulgarian National Bank (BNB)
In April 2025, Bulgaria recorded a current account deficit of 724.9 million euros, marking the largest monthly shortfall since January 2022
With Bulgaria set to adopt the euro on January 1, 2026, questions are surfacing about whether the country might face financial risks similar to those that led to Greece’s debt crisis
The introduction of dual pricing in leva and euro is progressing smoothly and, in some cases, even ahead of the planned timeline in Bulgaria
Annual inflation in Bulgaria accelerated slightly in May, reaching 3.7%
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe