Bulgaria’s Euro Debate: Economist Calls for Addressing Legitimate Public Fears
Economist Georgi Stoev has launched a personal awareness campaign on social media to address concerns about the euro introduction in Bulgaria
According to the recent statistical data, BGN 2,542 is the monthly cost of living of a 4-member household with two adults and two children, or BGN 635 per person, shows the new report of the Institute for Social and Trade Union Studies with the Confederation of Independent Trade Unions in Bulgaria (CITUB).
The overall rise in the cost of living is about BGN 25 since the beginning of the year, as the main reason for the upward trend are the growing prices of food commodities, said for BNR CITUB expert Violeta Ivanova. The prices of staples which Bulgarian traditionally have on their tables and costs of services and utility expenses in the consumer basket have been growing steadily. For a household with limited consumption, especially in time of pandemic, the higher price of essentials means that they have to make budget cuts for other items which are usually the education, healthcare, cloths and furnishing,” the expert told the National Radio.
Since 2008, net wages have actually doubled, while the cost of living has increased by a third, 265 000 jobs were saved owing to 60/40 and 80/20 payroll support measures, as unemployment in Bulgaria is below average European levels. The preservation of these jobs is an extremely important achievement and must be repeated, as well as the measures to continue, CITUB experts say.
The weather in Bulgaria on Monday, May 19, is expected to start with clear skies before clouds roll in, bringing scattered showers and thunderstorms
Sofia has been identified as the most dangerous city in Europe for children to navigate
The University of Illinois, one of the most renowned academic institutions in the United States, will introduce courses in Bulgarian language, history, folklore
Austrian singer JJ clinched victory at the Eurovision Song Contest 2025 in Basel, Switzerland, delivering a dramatic win in the final moments of the competition
Buses, trams, and trolleybuses in Sofia remain out of service for a fifth consecutive day as public transport employees continue their strike
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)
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