HOT: » Which party would you vote for (if you could) in the upcoming snap vote in Bulgaria on April 19?
Send to Kindle
Bulgaria's total hourly labor cost rose by 5.9% in the third quarter of 2012 as compared with the third quarter of 2011, according to the National Statistical Institute.
The total hourly labor cost grew by 2.3% in industry and by 11.2% in services. In construction the total hourly labour costs decreased by 0.9%.
The highest annual growths in total labor costs were recorded in 'Wholesale and retail trade; repair of motor vehicles and motorcycles' - 17.7% and 'Professional, scientific and technical activities', while the lowest annual growths were registered in 'Public administration and defence; compulsory social security' and 'Water supply, sewerage, waste management and remediation activities' respectively 0.1% and 0.9%.
The highest decrease in total labor costs was observed in 'Electricity, gas, steam and air conditioning supply' by 4.7% and 'Construction' by 0.9%.
Wages and salaries costs per hour worked grew by 6.6% in comparison with a year earlier, while the other (non-wage) costs rose by 2.3%, the Institute says.
Bulgaria’s population continues to shrink, entire settlements are being emptied, while at the same time new housing is being built and left unoccupied
The Confederation of Independent Trade Unions in Bulgaria (CITUB) has announced plans for a series of mass protests over budget-sector salaries, more than two months after the adoption of the extension budget
The National Revenue Agency increased employee pay in 2025 through performance-related bonuses totaling BGN 38,460,000 (€19.
Public sector employees in Bulgaria are set to receive a 5% salary increase starting in January, announced outgoing Finance Minister Temenuzhka Petkova
With the adoption of the euro on 1 January 2026, all payments in Bulgaria will move from levs to the single European currency. This applies to wages, pensions and all types of social and cash benefits, which will be recalculated under legally defined rule
The National Assembly has adopted at first reading the so called “extended” state budget, following what several parties described earlier in the day as a "political test" by GERB and TISP
Dr. Boyko Takov: Analytical and empirical results from ongoing projects constitute a solid information base
Up to 90 percent of construction and renovation workers in Bulgaria are operating outside the legal framework, according to entrepreneur Lozan Lozanov, who raised concerns about the lack of regulation in construction and installation services
The Ministry of Finance has released a broad public dataset covering more than 7,000 public procurement contracts with a combined value exceeding 30 billion euros
Mobile slot gaming has exploded in popularity, and it’s easy to see why.
Caretaker Finance Minister Georgi Klisurski said he expects fuel prices at gas stations to ease in the coming period, pointing to a sharp decline in international oil markets
Boris Azarenko is an entrepreneur whose professional background lies in banking and finance and who later founded major property development businesses.
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began
