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.
Austrian Foreign Minister Alexander Schallenberg has pointed out the need for all the countries of the Danube region to join the European Union and for the Danube to become an internal river for the EU, BNT has reported. This year,..
On June 21, Bulgaria’s Head of State Rumen Radev will award 30 Bulgarian students participating in the "Sport with the President" initiative. The ceremony will take place at the Coat of Arms Hall of the Bulgarian Presidency. The..
Overnight it will be clear and quiet in most areas. Tomorrow will be sunny and hot. In the eastern half of the country, light to moderate east-northeasterly winds will blow, while in the west it will be almost calm. Maximum temperatures will be..
The 17 th edition of Sofia Pride is scheduled for today in Bulgaria’s capital city. The organizers describe it as “the biggest human rights event..
Sofia University's Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) has outperformed several leading universities in terms..
The night will be clear and quiet. Tomorrow will be sunny and hot with m aximum temperatures between 34°C and 39°C, slightly lower in Eastern Bulgaria,..
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