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 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). The number of individuals employed under employment and service contracts increased by 1.7% at the end of March, totaling 2.35 million.
For the first quarter of 2025, the average monthly salary was recorded at 2,443 leva, marking a 1.2% increase from the fourth quarter of 2024. The most significant salary hikes were observed in "Financial and insurance activities," which rose by 9.0%, "Administrative and support activities," up by 8.5%, and "Creation and dissemination of information and creative products; telecommunications," which increased by 8.2%.
Comparing the first quarter of 2025 to the same period in the previous year, the public sector saw a 9.2% increase in average monthly wages, while the private sector experienced an 11.8% rise.
Among the economic sectors, the highest average monthly salaries were in "Creation and dissemination of information and creative products; telecommunications" at 5,739 leva, followed by "Financial and insurance activities" at 3,837 leva and "Professional activities and scientific research" at 3,387 leva.
On the lower end of the pay scale, the least remunerated sectors included the "Hotel and restaurant industry" with an average of 1,514 leva, "Agriculture, forestry, and fishing" at 1,584 leva, and "Other activities" at 1,669 leva.
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