Thousands of Interior Ministry Employees in Bulgaria Draw Both Pension and Salary
Thousands of employees at Bulgaria’s Ministry of the Interior continue to draw both a state pension and a full salary
@novinite.com
The average salary in the country exceeded BGN 1,000 in all regions. There are still small municipalities, with lower incomes and with a real danger of impoverishment of groups of the population. However, average incomes are still outpacing consumer price growth. The data are from the Institute for Market Economy.
There is no longer an area with an average salary lower than BGN 1,000. Only Kardzhali makes an exception in certain months of the year 2021, to which the statistics refer. Sofia is the leader with an average salary of BGN 2,300, followed by Varna and Plovdiv.
The Northwest is an example of large income inequalities, and in the central region higher salaries are received outside the regional centers, explains the economist Adrian Nikolov:
"Montana, Vidin, Vratsa, there is a very big inequality, because there are some very high salaries in Kozloduy and the NPP-related activities. In general, there are very big differences within the districts themselves. There, the district center is more often a center of services, while production is located in the peripheral municipalities and industrial zones, and accordingly, we receive high wages there as well. The Srednogorye region is one such traditional leader, where there are always very high wages."
In areas with inequalities and where the average wage grows at a slower rate, there is a real risk of impoverishment. In general, however, inflationary processes are still under control, commented Adrian Nikolov:
"At this stage, wages are still managing at least in the first quarter - we are talking about the average, to exceed the growth of prices, however it is quite possible that this is not true for all regions of the country and accordingly we will see real impoverishment in some other parts".
Follow Novinite.com on Twitter and Facebook
Write to us at editors@novinite.com
Информирайте се на Български - Novinite.bg
/BNR
Bulgarian banks are preparing for the New Year by ensuring that all ATMs will be stocked with euros starting January 1
As the clock strikes midnight and Bulgaria welcomes 2026, the country will also enter a historic financial shift - the beginning of its transition to the euro
Over the past five years, Bulgarian households have seen their savings lose more than 40 percent of their real value as inflation steadily eroded purchasing power
The Bulgarian National Bank has presented informational materials introducing the design of Bulgaria’s euro coins
Deputy Governor of the Bulgarian National Bank (BNB) Assoc. Prof. Petar Chobanov stated that Bulgaria’s forthcoming adoption of the euro will transform not only the country’s financial system but also its position within Europe
Bulgarian economist Viktor Papazov, a Harvard graduate and one of the founders of the Bulgarian Stock Exchange and the Central Depository, has delivered a stark warning about Bulgaria’s adoption of the euro
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence