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%.
16 EU countries will ask to be allowed to temporarily not apply the rules on budgetary stability in order to be able to make defense spending. Bulgaria is among them, BTA reports. The European Commission presented a White Paper on the future of..
On Thursday, the minimum temperatures in Bulgaria will be from 4 to 9°C . In Sofia it will be around 7°C. During the day, sunny weather will prevail. In places, mainly in Northern Bulgaria and the mountains, there will be short-term precipitation..
GERB Leader Boyko Borissov and President Rumen Radev got into a dispute in the media over the country's new F-16 fighter jets, the first of which is already on Bulgarian soil, while the second is on its way to the country. "We paid a lot for the..
The United States is a key strategic partner and NATO ally, with whom we will continue to work together to achieve our common goals — energy security,..
In an open letter to Prime Minister Rosen Zhelyazkov and the Ministers of Agriculture, Finance and Economy, the Bulgarian Farmers' Union calls for new..
Bulgarian Minister of Energy Zhecho Stankov has held a working meeting with US Secretary of Energy Chris Wright. The two discussed strategic projects..
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