Mass Layoffs Impact Thousands of Bulgarian Workers Amid Investor Withdrawals
Mass layoffs have resurfaced in Bulgaria's labor market, with nearly 10,000 workers affected in the past two years
Mass layoffs have resurfaced in Bulgaria's labor market, with nearly 10,000 workers affected in the past two years
Bulgaria's banking system is on track to surpass three billion leva in profits again this year, following the record-breaking 3.4 billion leva reported in 2023
In 2023, the average gross annual salary in Bulgaria reached 24,485 leva, marking a 15.3% increase compared to the previous year
In October, Bulgarians predominantly traveled to neighboring Turkey and Greece, while the largest groups of foreign visitors to Bulgaria came from Romania and Turkey
Small grocery stores contribute approximately 10% to Bulgaria's GDP
Bulgaria's purchasing power stands at about 60% of the European average
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
Bulgaria Leads Europe in Heat-Related Deaths in Record-Breaking 2023