Bulgaria Expects Boost in Winter Tourism with Increased Foreign Visitors
Bulgaria is expecting a boost in winter tourism this year, with about 3.1 million foreign visitors projected between December and March
According to recent Eurostat data, Bulgaria continues to hold the lowest average salary within the European Union. In 2023, the EU-wide average annual adjusted full-time salary increased by 6.5%, reaching 37,900 euros, up from 35,600 euros in 2022, as reported by Statistics Europe.
Luxembourg leads with the highest average salary, reaching 81,100 euros, followed by Denmark at 67,600 euros and Ireland at 58,700 euros, as reported by Dariknews.bg.
At the other end of the spectrum, Bulgaria has the lowest average annual full-time salary at 13,500 euros. Close to Bulgaria are Hungary, where the average salary is 16,900 euros, and Greece with 17,000 euros. Eurostat noted that Bulgaria’s average annual adjusted full-time salary was 11,808 euros in 2022.
The Bulgarian National Bank (BNB) has voiced strong opposition to a proposed 10% tax on banks' excess profits, citing concerns that it would destabilize the financial sector
Economist Rumen Galabinov has stated that Bulgaria's potential future membership in the Eurozone could significantly benefit the country's economy
The Gross Domestic Product (GDP) for Bulgaria in the third quarter of 2024 grew by 2.4% compared to the same period in 2023
The Organization for Economic Co-operation and Development (OECD) has projected that Bulgaria will join the eurozone in 2026
Bulgarians allocate a significant portion of their savings to deposits, with 73% of their assets held in this form
Bulgaria's Acting Finance Minister Lyudmila Petkova stated that discussions are ongoing regarding the payment of a 100 leva (50 euros) Christmas supplement to pensioners
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
Bulgaria Leads Europe in Heat-Related Deaths in Record-Breaking 2023