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%.
On Friday morning there will be fog or low clouds in the lowlands and valleys. Minimum temperatures will be between -3°C and 10°C in the Pre-Balkan, around 1°C in Sofia. Visibility will improve after midday, but clouds will increase from the north-west..
Protests could erupt if the National Assembly fails to approve this year's state budget, Lyuboslav Kostov, chief economist at the Confederation of Independent Trade Unions of Bulgaria (CITUB), said in an interview with BNR. "Once again, the budget..
MPs unanimously adopted at first reading the caretaker government's proposed law on revenues and expenditures in 2025, pending the adoption of the state budget. "The main objective is to ensure financial stability and the normal functioning 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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