A draft decision by the Council of Ministers, published for discussion, envisages a poverty line of 638 Leva (a little over EUR 325). The poverty line for this year stands at 526 Leva (a little over EUR 268), or an increase of 21%. The proposal also envisages a broadening of the range of social benefits.
The new poverty line for 2025 will mean updating the financial support for people with permanent disabilities, the monthly social assistance payments and the funding under the Child Protection Act. More people will receive a social old age pension set down by the Social Insurance Code.
In 2023, more than 1.3 million people, or 20.6% of the population lived below the poverty line.
The balances in all bank accounts in Bulgarian levs will be automatically converted to euros from the date of the country's accession to the eurozone at the officially announced exchange rate (1.95583 BGN = 1 EUR). That will be done free of charge,..
The tenth anniversary edition of the folklore festival of Bulgarians abroad "On the Town Square of the Other Bulgaria" will be held on June 6, 7 and 8 in the French city of Lyon, returning to the place where all started back in 2015...
Writer Krastyo Ribarov celebrates his 102nd birthday today. According to the 2021 Guinness World Records, he is the oldest author-storyteller, who published his first book - a collection of humorous stories, at the age of 98, reports..
As expected, the European Commission's convergence report on Bulgaria, published today, confirms that the country is ready to adopt the euro on 1 January..
The vote in the European Parliament’s Foreign Affairs Committee on the annual report regarding North Macedonia's progress towards EU membership was..
''Today, the European Commission and the European Central Bank categorically stated that Bulgaria meets the criteria for eurozone membership. This..
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