Home Sweet Home: The Reality of Housing in Bulgaria Revealed
New data from the National Statistical Institute (NSI) sheds light on the housing landscape in Bulgaria, painting a picture of the majority of Bulgarians residing in older homes.
Calculations based on the latest data of the National Statistical Institute (NSI), which was released on Thursday, shows that Bulgarian MPs, ministers and president will all receive higher wages.
The remuneration of the MPs will become BGN 2886, which is an increase of 186 BGN compared to their present wage, Darik radio reports.
According to the parliament's rules of procedure, the MPs receive the amount of three average wages, based on the figure of the average wage in the public sector for the last month of the quarter.
In December 2014 the average wage in the public sector was BGN 962, which is an increase of BGN 62 compared to September.
Due to the rise in the MPs' wages, the remuneration of the prime minister, ministers and the president also rises, as these are pegged to those of the parliamentarians.
The Prime Minister and the Speaker of Parliament are to receive BGN 4473, which is an increase of BGN 288.
The remuneration of ministers increases with BGN 242 to become BGN 3752.
The president, who is the highest-paid statesman, will receive a wage of BGN 5772, which is an increase of BGN 372 – more than the amount of one minimum wage.
The data of NSI showed that the average monthly wage in Bulgaria in the last quarter of 2014 was BGN 847, which represents an increase of 4.7 % compared to the previous quarter.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025
The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022