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Bulgaria's former BSP Deputy Economy Minister from the previous Three-Way Coalition cabinet, Yavor Kuyumdzhiev. Photo by BGNES
Expenses of Bulgarians for basis staples such as food, energy, and fuels will go up by BGN 30 a month in 2011, an analysis of the Bulgarian Socialist Party (BSP) reveals.
The data was announced Sunday by the former BSP Deputy Economy Minister from the previous Three-Way Coalition cabinet, Yavor Kuyumdzhiev, who says the forecast is based on information from the National Statistics Institute.
The left-wing point out this means every single Bulgarian will become poorer by BGN 400 a year in 2011 while in 2010, their income already went down by 10%.
BSP offer as a solution to index income and unfreeze wages.
The BSP Secretary and Member of the Parliament, Korneliya Ninova, explains there is no money for salaries and pensions over large-scale contraband, which has become a State policy.
Ninova gave as example the price of bread going up because the ruling Citizens for European Development of Bulgaria (GERB) party fails to assist farmers; does not reimburse them for the fuels' excise duty, and does not release them from corporative taxation.
In 2007, the price of a ton of wheat has been BGN 484 and the price of a loaf of bread BGN 1.2 compared to the current BGN 370 and BGN 1.3 respectively, according to the Socialists.
Former caretaker justice minister Krum Zarkov has been elected as the new leader of the Bulgarian Socialist Party following a vote at the party’s 51st Congress, held in Sofia on Saturday.
President Iliana Yotova continued consultations with parliamentary parties regarding the appointment of a caretaker prime minister, meeting representatives of “BSP-United Left” and “There is Such a People” (TISP) at Dondukov 2
GERB leader Boyko Borissov has confirmed that he will not be a candidate in Bulgaria’s 2026 presidential elections, reaffirming his longstanding disinterest in the office.
President Iliana Yotova has launched the second phase of consultations with parliamentary groups on the appointment of an acting prime minister, starting with the GERB group
The Central Election Commission has formally removed four political formations from the coalition “BSP-United Left”, following requests submitted by the parties themselves to end their participation in the alliance.
Public sector employees in Bulgaria are set to receive a 5% salary increase starting in January, announced outgoing Finance Minister Temenuzhka Petkova
The annual campaign for filing personal income tax returns under Article 50 of the Personal Income Tax Act is underway
Two-room dwellings make up the largest portion of newly built homes in Bulgaria, according to data for the fourth quarter of 2025.
The Bulgarian National Bank reported that as of February 6, 2026, the withdrawal of lev banknotes and coins and their replacement with euro cash is progressing in line with the applicable legislation and the operational plans approved for the transition.
In 2024, about 68% of households across the European Union were owner-occupied, a slight decline from 69% in 2023, according to Eurostat data. The remaining 32% of the EU population lived in rented homes, up from 31% the previous year.
Retail trade in Bulgaria continued its strong momentum at the end of 2025, standing out among European Union countries as one of the top performers, according to Eurostat data.
Between 2019 and 2023, Bulgaria’s industrial sector has experienced a significant contraction, with roughly 104,557 jobs lost, nearly half of them in the processing industry, amounting to almost 15% of the country’s industrial workforce
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