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
According to Eurostat data for July 2024, the lowest minimum wage within the EU is found in Bulgaria at 477 euros, while the highest is in Luxembourg at 2,570 euros. In the past year, Bulgaria's minimum wage has increased by 78 euros, and Luxembourg's by nearly 70 euros.
Following Bulgaria at the bottom of the minimum wage ranking are Hungary and Latvia, with minimum wages of 675 euros and 700 euros, respectively. Romania's minimum wage stands slightly higher at 743 euros.
At the opposite end of the spectrum, besides Luxembourg, other countries with minimum wages exceeding 2,000 euros include Ireland at 2,146 euros, the Netherlands at 2,134 euros, and both Belgium and Germany with over 2,050 euros. Poland's minimum wage is approaching 1,000 euros.
For comparative purposes, Eurostat also provides data on minimum wages in countries outside the European Union. As of July 2024, the minimum wage in the United States is just under 1,200 euros. In Serbia, it is 544 euros, in Turkey 568 euros, and in Ukraine, the minimum wage is 184 euros.
Astronomical summer officially started in Bulgaria on Saturday, June 21, at exactly 05:42 AM
Saturday will bring mostly sunny skies across the country, though the morning hours may see increased cloud cover over parts of Central Northern Bulgaria
The guiding principle in Bulgaria’s Law on the Introduction of the Euro is consumer protection
Renowned Hollywood director Martin Campbell, known for iconic action hits like “GoldenEye,” “Casino Royale,” and “The Mask of Zorro,” will be a special guest at this year’s Aniventure Comic Con in Sofia
The political party “Da, Bulgaria” (Yes, Bulgaria) has submitted a new legislative proposal aimed at increasing transparency in food pricing
Zornitsa Rusinova, Chairperson of the Economic and Social Council, has raised concerns about a noticeable regional disparity in the prices of certain goods across Bulgaria
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe