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.
Owners of photovoltaic plants have closed the main road Ruse-Sofia at the main junction close to the village of Yassen in protest against "high balancing prices". "The prices for balance and non-balance are almost equal. They are higher than..
On June 26, people around the world are encouraged to take an active stance against the spread of drug addiction. On the occasion of the International Day against Drug Abuse and Illicit Trafficking, municipal institutions in Sofia, with the..
Wednesday will be mostly sunny, with clouds developing over the western half of the country in the afternoon. There will be brief showers, thunderstorms and a chance of hail. The phenomena will be intense in mountainous areas. Maximum temperatures will..
Bulgarian prosecutors and the FBI have worked together to uncover an embezzlement scheme involving Ruja Ignatova , acting Prosecutor-General Borislav..
An alert of the highest threat level issued by one of the most influential intelligence services in the world is the reason why the home of GERB leader..
At the European Council, Bulgaria will insist on including a text on the Republic of North Macedonia in the adoption of the conclusions of the meeting ,..
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