With a EUR 1,074 minimum wage, Slovenia was the only country in Central and Eastern Europe (CEE) where a gross monthly salary of over a thousand euros was guaranteed, as of January 2022, according to new data from Eurostat. The federal minimum wage in the United States was EUR
Bulgaria and North Macedonia premiers Kiril Petkov and Dimitar Kovacevski discussed establishing regular flights between their two respective capitals Skopje and Sofia, in the latter city on Tuesday.
They also signed memorandums on finishing the incomplete railtrack in “Corridor VIII” between Skopje and Sofia, mutually supporting SMEs and developing a
Bulgaria had a 32.9% increase in agricultural labour productivity (ALP) in 2021, the highest rise registered in Europe, according to new agriculture data published by Eurostat. ALP is the net-value added by agricultural goods and services by the equivalent of a full-time worker, presented in real terms adjusted for
“I am convinced that Bulgaria will be a totally different place four years from now,” Kiril Petkov pledged on Monday, when he was sworn in as prime minister. Petkov, who served as minister of economics in the recent caretaker government and then ran on a “zero tolerance for corruption” election
Dimitar Kovachevski is set to become North Macedonia’s next prime minister after the ruling SDSM party voted him as its new leader on Sunday. The 47-year old economist and deputy finance minister defeated two other contenders for the post.
Kovachevski will soon also replace his ally Zoran Zaev as
US President Joe Biden discussed the threat of a possible Russian attack on Ukraine with numerous NATO member countries in Central and Eastern Europe (CEE) on Thursday. Speaking with the leaders of Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania and Slovakia for 40 minutes, Biden pledged to
Every country in Central and Eastern Europe (CEE) has increased its research and development (R&D) intensity over the last decade, according to EU statistics agency Eurostat. Poland and Czechia were the regional frontrunners from 2010-20, as they both increased intensity – i.e. R&D expenditure as a
Although the six Western Balkan countries aspiring to join the European Union, referred to as the WB6, are expected to have economic growth well above the EU average this year, the economic gap with member states remains large.
In GDP per capita per purchasing power terms, all of the WB6
The newly-formed centrist “We Continue the Change” (PP) party won the elections in Bulgaria on Sunday, according to initial data. PP, which ran on an anti-corruption platform, gained almost 26% of the votes, ahead of former prime minister Boyko Borrisov’s ruling GERB party on just over 20%, according to
With elections taking place in Bulgaria this Sunday for a new parliament and president, the GERB party has a comfortable lead on the Bulgarian Socialist Party (BSP) while newcomer Continue the Change has the biggest vote reserve because it is the first choice of people who are determined to vote
Ahead of parliamentary and presidential elections in Bulgaria, Russian gas giant Gazprom has gone against market trends, giving Bulgaria’s state-run Bulgargaz a discount instead of an expected increase in the price the Bulgarian state-run gas company pays to purchase natural gas. Bulgargaz will receive Gazprom’s wholesale price discount
Bulgarians will go to the polls for the third time in a year as a result of the country’s severe political crisis. On 14 November, once again, Bulgarian citizens will have to choose a new parliament and a president, too. After already failing twice to be able to form
Around 58% of Bulgarians oppose adoption of the Euro as their country’s currency, according to a poll conducted by Trend Agency. Just 21% would back their country joining the Eurozone, while the same percentage are undecided on the matter, the Bulgarian pollster found.
Some 71% of respondents said Euro
With hopes of Bulgaria lifting its veto on North Macedonia’s potential bid to join the European Union, today Bulgaria’s president, Rumen Radev, will get a chance to meet with the prime minister of North Macedonia, Zoran Zaev, at a high-level gathering in Slovenia including Chancellor Angela Merkel and
How will Bulgaria phase out its coal-fired power plants, and what’s the exact deadline for doing that? Those are the questions the European Commission would like an exact answer to from Sofia. Following that, Brussels can start deliberations on the country’s Recovery Plan and Partnership Agreement.
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