Bulgaria's Borissov: Eurozone Entry Is My Mission—What Comes Next, Only God Knows
GERB leader Boyko Borissov reaffirmed his commitment to guiding Bulgaria into the eurozone, stating that nothing would divert him from this goal
There is a proposal to increase minimum monthly wages in Bulgaria by BGN 30, beginning July 1, Social Policy and Labor Minister, Totyu Mladenov, informs.
Mladenov spoke Tuesday during the 8th Congress of the trade union Confederation of Labor (KT) "Podkrepa" (Support), held at the National Palace of Culture in the capital Sofia.
According to the Minister, about 128 000 Bulgarians received minimum wages, meaning the increase would cost the State treasury BGN 3 M. Negotiations are to begin on March 31.
The trade unions recently asked for a BGN 50 increase. The current minimum monthly wage is BGN 240.
On the other recent, hot topic, Mladenov declared before the Congress' delegates the cabinet will continue its fight against disloyal businesses delaying payment of salaries and appealed to all 3 000 employers to be unwavering against those who tarnish their name.
Macroeconomist Stoyan Panchev, an analyst from the Expert Club for Economics and Politics, warned that Bulgaria could face significant challenges if it rushes into joining the eurozone
Bulgarian Posts will carry out the exchange of levs into euros in 2,230 post office locations across the country
Bulgaria has fulfilled the final requirement for joining the eurozone by meeting the budget deficit criterion
On June 4, Bulgaria will find out whether the euro will officially replace the lev in January 2026
In the first quarter of 2025, the 20-BGN banknote has overtaken the 100-BGN note as the most frequently counterfeited denomination in Bulgaria,
According to recent data from the Trend Research Center, shared during the "Personal Finance" event by Money.bg, 38% of Bulgarians are unable to set aside any savings
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