Capital and resources have become more concentrated in the hands of fewer and fewer people for the past 20 years, the director of the Institute for Social and Trade Union Research at CITUB, Lyuboslav Kostov, has told BNR. "The well-being of the rich in our country has been growing, but this is detrimental to the well-being of others. This is the key point that needs to be discussed," Kostov said. According to data provided by him, in 2019 the richest 1% of the country's population owned 18% of GDP, while in 2008 they owned 8% of GDP.
According to Kostov, the average annual income for 2020 of 50% of the poorest Bulgarians was 2,959 euros, which is about 255 euros per month. The annual income of 1% of the richest Bulgarians was 163,613 euros, or over 13,293 euros per month.
Bulgaria is in second position among the EU countries in hourly labour earnings growth during the second quarter of 2024, as compared to the same period of 2023, Eurostat data show. The growth rate in Bulgaria is 15.4%, with only Croatia ahead of..
At the border with Romania outward bound traffic at Nikopol and Kardam border checkpoint is heavy for trucks. At the border with Serbia outward bound traffic for trucks is also heavy at Kalotina border checkpoint, the Directorate-General..
The State Department has made a determination approving a possible Foreign Military Sale to the Government of Bulgaria of Javelin FGM-148F missiles and related equipment for an estimated cost of USD 114 million, a Pentagon press release reads...
Bulgaria will request the suspension of the import of eggs originating from Ukraine at the meeting of the EU Agriculture and Fisheries Council in Brussels..
The weather in Bulgaria will be sunny on Tuesday. Cloudiness will increase from the west The minimum temperatures will be between 7 °C and 12°C, in..
In New York, within the autumn session of the UN General Assembly, Bulgaria's caretaker Foreign Minister Ivan Kondov met with the Minister for Europe..
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