The cost of hiring a worker in the old EU-member countries is 13-14 times higher than in Bulgaria, 21,22 euro per hour, showed the preliminary data released by Eurostat.
Prices of milk, cheese and eggs in Bulgaria have reached 84.2% of the average in EU levels, Non-alcoholic beverages in Bulgaria cost 68.7% of the average in the EU.
There is still a huge difference in the prices of services, which remain significantly lower in Bulgaria compared with the EU.
The low cost of labor and the reduction of corporate tax to 10% make Bulgaria one of the most attractive countries for investors.
As a whole, prices in Bulgaria are the lowest in the EU. Health insurance in Bulgaria is nearly four times cheaper, or 26.3% of the average in the EU.
Bulgarians pay nearly eight times less for education. Prices in Bulgarian restaurants, cafes and hotels are 60% lower than the EU average.