Despite a certain decline, the proportion of the population at risk of poverty or social exclusion remains high in Bulgaria, and income inequalities are significant, reads a working document of the European Commission on the social convergence of EU Member States, quoted by BTA. In 2023, the share of Bulgarians at risk of poverty was 30%, compared to 32.2% in 2022, while 21.6% of the EU population was at risk of poverty or social exclusion.
In 2023, the income of the richest 20% of the Bulgarian population was 6.6 times higher than that of the poorest 20%, whereas in 2022 the richest 20% of the population earned 7.3 times more than the poorest 20%. In the EU, the richest 20% earned 4.7 times more than the poorest 20%.
Parliament's Legal Affairs Committee has approved in first reading draft amendments to the Judicial System Act that would end the current procedure for electing a new Prosecutor General. The Supreme Judicial Council (SJC) will not be able to elect..
On Wednesday, the weather in Western and Central Bulgaria will be mostly sunny. There will be significant cloud cover in the southeasternmost regions. The lowest temperatures will range from minus 1°C to 4°C, higher in Eastern Bulgaria, for Sofia..
Caretaker Minister of Finance Lyudmila Petkova defended the parameters of the 2025 draft budget before the members of the National Assembly Committee on Budget and Finance. Minister Petkova explained that the 2025 Budget reflects the policies of..
Bulgaria’s accession to the eurozone is the next major priority after the country’s full membership in Schengen. "The eurozone is at our doorstep",..
Democratic Bulgaria stated in a message to the media that the nominations for prime minister and the composition of the Council of Ministers..
On Thursday morning, fog will begin to form in the lowlands and valleys. The lowest temperatures will range from 0°C to 5°C, in the easternmost regions..
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