Bulgaria to Cap Markups and Regulate Prices of Essential Goods
The Bulgarian government is introducing new regulations aimed at controlling the prices of 22 essential goods by setting a ceiling
The minimum monthly wage is set at BGN 460 in the draft budget of the government for 2017.
Pension installments will increase by 1%, while the retirement age, the length of service for workers in the mass third labour category and in the Security sector will increase by two months. The pension ceiling remains BGN 910.
A new type of monthly assistance is introduced for children with long-term disabilities, without an income criteria for the parents.
As of January 1, 2017, over 26,000 children will receive one integrated financial supplement.
The largest supplement of BGN 930 will be granted to children with severe disabilities – over 90%.
Children with disabilities of between 50% and 70% will receive BGN 350 monthly.
In July, Bulgaria’s eurozone entry plans will be definitively clarified
Bulgaria has successfully met the price stability criterion required for entry into the eurozone
Bulgaria is in a very strong initial position to join the eurozone
Finance Minister Temenuzhka Petkova has stated that Bulgaria is ready to join the eurozone
The international rating agency Fitch has reaffirmed Bulgaria’s long-term credit rating at 'BBB' with a positive outlook
A recent large-scale online survey conducted by Tavex, involving thousands of participants engaged in gold and currency trading, has revealed that every second Bulgarian is against the country adopting the euro
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase