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China's PM Wen vowed to rein in rising prices. Photo by Wikimedia
The People's Republic of China has declared a 20% increase of the minimum monthly wage, thus in effect making it higher than the minimum wage in Bulgaria.
As of January 1, China's minimum wage will become 1 160 yuan, a second 20% increase in 2010, after in July it reached 960 yuan.
Calculated in Bulgarian lev, the increase is from BGN 215 in July to BGN 260 in January 2011, which will surpass the minimum monthly wage in Bulgaria of BGN 240.
The Chinese government has moved to increase the minimum wage as the food and real estate prices in the country continue to rise, worsening the social imbalances and discontent among the millions of low-paid workers.
In November, China saw its inflation rise by more than 5% for the first time in two years, with food prices growing by 12%.
On Saturday, China's central bank increased the interest rates for the second time in three months. China's PM Wen Jiabao said the government will rein in the prices, keeping them at a sensible level.
Annual inflation across the eurozone eased further in December, slipping below the European Central Bank’s 2 percent benchmark, according to updated data released by Eurostat
China saw its birth rate hit a record low in 2025, as the country’s population declined for the fourth consecutive year, raising concerns about long-term demographic and economic pressures for the world’s second-largest economy,
Breaking with the United States’ previous approach, Canada announced it will cut its 100% tariff on Chinese electric vehicles, in exchange for lower Chinese tariffs on Canadian agricultural exports. Prime Minister Mark Carney said the deal sets an initial
China and Canada released a joint statement on Friday following high-level meetings held during Canadian Prime Minister Mark Carney’s official visit to China from January 14 to 17, undertaken at the invitation of Chinese Premier Li Qiang.
In December 2025, Bulgaria recorded a monthly inflation rate of 0.1%, while annual inflation reached 5.0%, according to the National Statistical Institute (NSI)
Annual inflation in the euro area eased to 2% in December 2025, down from 2.1% in November, in line with expectations, according to preliminary figures released by Eurostat.
During the first eleven months of 2025, Bulgaria’s exports to countries outside the European Union reached 27.55 billion leva (€14.1 billion), marking a slight decline of 2.1% compared to the same period in 2024
House prices across the European Union continued to rise steadily in 2025, according to the latest figures from Eurostat
The National Revenue Agency (NRA) has highlighted a series of pricing violations across the country, though overall they remain limited, according to Anna Miteva
Outgoing Deputy Prime Minister and Minister of Innovation and Growth Tomislav Donchev addressed the issue of labor imports in parliament, stating that bringing in workers from non-EU countries is only a temporary solution.
Bulgaria’s outgoing Agriculture Minister Georgi Tahov has assured that the European Union’s trade deal with Mercosur will not negatively affect the country’s economy, pointing to the very limited trade between Bulgaria and the South American bloc.
Energy Minister Zhecho Stankov has firmly rejected claims by former Finance Minister Asen Vassilev from "We Continue the Change" that Bulgaria’s inflation is driven by high household electricity prices
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