Bulgaria's Average Salary Surges Past 1,270 Euros
The average gross monthly salary in Bulgaria surpassed 2,500 leva (1,278 euros), reaching 2,556 leva in March, according to preliminary data from the National Statistical Institute (NSI)
Salaries of top politicians in Bulgaria will be frozen at their levels from the end of 2009, according to Prime Minister, Boyko Borisov.
The move will be implemented despite the cabinet's decision to up the minimum monthly wage in Bulgaria in May, 2012 – from BGN 270 to BGN 290.
"This is the situation globally; this is the situation in Bulgaria," Borisov says, cited by "Monitor" daily.
According to the Parliamentary Code, the wage of Members of the Parliament equals three times the average monthly salary for the country.
The average salary in the third quarter of 2011 was BGN 753. If it stays at this level in the beginning of 2012, it means that MPs, whose fixed salaries range between BGN 2 196 and BGN 2 259, will lose BGN 63 each month.
Ministers, on their part, will lose BGN 82 a month. Their salaries are fixed at BGN 2 855.
Borisov has a monthly wage of EUR 1 500, which he says is way less than the one of his western counterparts.
Bulgaria has reported a deflation rate of -0.8% for April 2025, with annual inflation recorded at 3.5%
According to the latest data from the Bulgarian National Bank (BNB), the number of individuals in Bulgaria holding bank deposits of over 1 million BGN continues to rise steadily—at an average rate of one new millionaire depositor per day.
According to data published on the Bulgarian National Bank’s (BNB) official website, household lending surged by 20.
The Bulgarian National Bank (BNB) has released another set of practical guidelines regarding the transition to the euro once the country joins the eurozone
A significant portion of Bulgarians' savings is already held in euros, signaling the country's readiness for the currency switch, even before its official adoption
Inflation in Bulgaria is projected to rise ahead of the country’s euro adoption
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