EU Minimum Wage Legislation Can Help Reform Social Policy amid Deepening Divide between East and West

Oliver Röpke is the president of the Workers’ Group of the European Economic and Social Committee (EESC)

Mobile Is the Most Popular Payment Method in Bulgaria

Across the world, digital payment methods are becoming increasingly widespread.

European Auditors Warn of High Fraud Risk Related to EU Recovery Fund

The European Court of Auditors (ECA) is on high alert about the risk of fraud and abuse associated with the €750 billion EU Pandemic Recovery Fund, DPA informs.

When Will Europe’s Lost Consumption Rebound - Analysis

Only a few weeks ago, many European countries were hoping their more affluent citizens would by now have started spending nest eggs built up during the pandemic to trigger a consumer-led recovery in the region’s economy.

Kristalina Georgieva: IMF Mulls Creating USD 650 Billion in Reserves

The International Monetary Fund is considering a plan to create as much as $650 billion in additional reserve assets to help developing economies cope with the pandemic, with an eye on finalising a decision next month, according to sources.

Wealth Gap in Bulgaria Widest in EU - Eurostat

Bulgaria is the first in inequalities in the European Union - the income gap between the poorest and richest in Bulgaria is over eight times.

Disparities in Wages Are Huge in EU – Bulgaria Bottoms Ranking with EUR 442 per Month

 Gross monthly income varies considerably in EU Member States.

Inflation Rate in Bulgaria is 0.8 Percent

Bulgaria’s National Statistical Institute on March 15 reported that the annual inflation rate for February 2021 is at 0.

Increase in Bank Charges in Bulgaria

Bank charges in Bulgaria have increased significantly in the past 12 months.

Bulgarian National Bank: Deteriorating Epidemic Situation Poses Risk to Budget Fulfillment

If the epidemic or pandemic takes a turn to the worse, the implementation of Bulgaria's budget will be at risk and the country’s debt will soar more than expected.

Why Bitcoin is the Leading Cryptocurrency

Almost everybody with internet access knows about Bitcoin.

Top 5 Reasons to Go For Bitcoin

The global economy is without a doubt moving towards the digital eco-system.

Deputy Premier: Bulgaria’s GDP Has Grown by a Quarter in Four Years

At a meeting with the Confederation of Independent Trade Unions in Bulgaria (CITUB) on Monday, Deputy Prime Minister Tomislav Donchev said that in four years Bulgaria's GDP grew by one-fourth, the average wage increased by 50 per cent, and the minimum pen

Bulgaria: Date for Replacing Lev with Euro Is Set for 1 January 2024

From 1 January 2024 Bulgarians will pay with Euros in stores.

Eurostat: January Retail Sales in Euro Zone Shrink, Bulgaria Boasts Growth

Covid-19 and Loan Moratorium in Bulgaria: Don’t Pay off Your Loans with New Ones

We are increasingly moving closer to lifting the moratorium on all term loans granted as pandemic relief.

Bulgaria: Banks Are Fleecing Us, Their Charges Have Rocketed

For the most trivial service – opening a regular current account.

Bitcoin Breaks All Records Again, Tesla Buys Cryptocurrency Worth USD 1.5 Billion

Bitcoin hit yet another record high on Friday, and moved within sight of market capitalisation of $1 trillion a, blithely shrugging off analyst warnings that it is an “economic side show” and a poor hedge against a fall in stock prices.

Bulgaria Boasts Positive Current and Capital Account for 2020

Bulgaria's current and capital account showed a deficit of115.

Bulgarian Trade Unions: By 2025 Minimum Wage Should Be over BGN 2,400

By the end of the new government‘s tenure in 2025, we believe that we should and can reach GDP of 67%.

Bulgarian National Bank Reports Boom in Bad Fast Loans