Bulgaria's Average Salary Surges Past 1,270 Euros
The average gross monthly salary in Bulgaria surpassed 2,500 leva (1,278 euros), reaching 2,556 leva in March, according to preliminary data from the National Statistical Institute (NSI)
During his official visit to Warsaw, Bulgarian President Rumen Radev held a meeting with members of the Polish-Bulgarian Chamber of Commerce to discuss ways to enhance bilateral trade and investment between Bulgaria and Poland.
President Radev spoke with representatives of companies operating in various sectors, including transport, energy, food production, pharmaceuticals, defense, banking, and insurance. These businesses are either already significantly engaged in trade between the two countries or are exploring opportunities to invest in Bulgaria.
In his remarks, Radev highlighted Bulgaria's advantages for foreign investors, such as its strategic geographic location, stable banking sector, competitive tax environment, and the development of modern industrial zones. He also emphasized the country’s growing potential in high-tech fields, including robotics and mechatronics.
Tourism was another key point of discussion, with President Radev underlining Bulgaria’s appeal in areas such as maritime, mountain, cultural, ski, and spa tourism. He noted that more than 430,000 Polish tourists visited Bulgaria in 2024, strengthening people-to-people ties and economic cooperation.
Polish business representatives expressed strong interest in improving regional connectivity. They called for the construction of additional north-south transport infrastructure, particularly highways and new bridges across the Danube River to enhance connectivity between Bulgaria and Romania.
President Radev is also expected to participate in the Three Seas Initiative Summit on April 29.
Sofia continues to dominate Bulgaria's housing market, securing the top spot for the third consecutive year in the construction of large residential properties.
According to the latest data from the Bulgarian National Bank (BNB), the number of individuals in Bulgaria holding bank deposits of over 1 million BGN continues to rise steadily—at an average rate of one new millionaire depositor per day.
Bulgarian MPs in a temporary road safety committee supported a proposal to deny annual car inspections (GTP) to drivers with unpaid traffic fines.
Prime Minister Zhelyazkov: “Fastest-Adopted Governance Program in History – Finalized in Just 38 Days”
Bulgaria has accelerated in embracing digital technology, with 84% of its population actively involved on the internet.
Plovdiv has emerged as the most dynamic regional office market in Bulgaria, with over 237,000 square meters of Class A and B office space, according to the latest “Offices in Regional Cities in Bulgaria” report published by Colliers International.
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