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%.
The President of the European Council, Antonio Costa, and Prime Minister Rosen Zhelyazkov visited Arsenal, Bulgaria's largest arms manufacturer, in Kazanlak. The management of the factory presented the technological capabilities of the plant, its main..
Payments under the Recovery and Resilience Plan (RRP) have doubled in recent months, Deputy Prime Minister Tomislav Donchev has announced. He added that he was optimistic about receiving the delayed tranches and the remaining funds under the RRP...
Despite active and targeted efforts to recruit personnel, the percentage of vacant positions at the State Intelligence Agency (SIA) remains high, reads the 2024 report of SIA, published on the website of the Council of Ministers. Another issue..
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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