According to the latest Eurostat data for 2020, published today, 80% of Bulgarians of working age up to 65 living in households with low economic activity are at risk of poverty. According to this indicator, the country ranks fourth among the member states of the European Union in which an average of 64 percent of able-bodied Europeans from households with low economic activity are at risk of poverty. Lithuania ranks first with 85.4%, followed by Romania and Latvia - respectively 84.2 and 80.6%. The percentage in Denmark is 48.7%. Low economic activity for the household is calculated as the ratio of the number of months in which each family member aged 18 - 64 was employed in the previous year to the total number of months that the same household member could theoretically have worked at full employment.
Prokopan is the only railway tunnel on the Plovdiv-Burgas line. This became clear during a visit by Deputy Minister of Transport Lyuben Nanov, who was on-site to see the progress in the modernization of the Orizovo-Mihaylovo railway section. The..
Unemployment benefits in Sofia continue to be above the minimum wage, according to the latest data from the National Social Security Institute. It is the highest in the country and is on average 1,145 leva (585.43 EUR). The lowest unemployment..
"Yes, Bulgaria" party (part of "Democratic Bulgaria") have defined the budget for next year as an "economic tsunami". MP Ivaylo Mirchev was firm that the pary will oppose it when the project comes up for discussion in parliament. "Yesterday we were..
North Macedonia has still not adopted the necessary constitutional amendments aimed at including Bulgarians and other non-majority communities in the..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''...
Bulgaria relies on the efforts of honorary consuls from around the world to help establish new partnerships in the fields of economy, trade, innovation,..
+359 2 9336 661