Only 8% of Bulgarians invest as compared to an average of 24% for the EU, and only 24% save up, indicates a survey by Trend sociological agency commissioned by Finance Academy, conducted among 1,005 adults, 3-10 December, 2024.
84% of the respondents say they rely only on incomes from salaries and/or pensions. The survey indicates that Bulgarians are registering a slight improvement of their living standards compared to 2023, though the changes are minimal. 6% describe their standard living as high, 53% as average, 28% as low, 10% as very low, and 3% cannot say. 84% state they have no other income other than salary/pension, 45% use online banking. The majority of the respondents, 45% expect their standard of living to continue the same in 2025, and 28% - to improve.
The main challenge facing Bulgaria’s armed forces is how to translate political will and allocated resources into effective defence capabilities, President Rumen Radev said on Tuesday during a meeting with Admiral Giuseppe Cavo Dragone, Chairman of the..
Bulgaria’s government and representatives of the defence industry signed a memorandum aimed at improving cooperation and strengthening communication between the sector and the executive branch. Defence Minister Atanas Zapryanov said the goal was..
Demonstrations in support of Varna Mayor Blagomir Kotsev are set to intensify on Tuesday evening, expanding beyond Bulgaria to four major European cities. Organisers of the protests have said that rallies will be held simultaneously at 18:30 local time..
Starting this autumn, the Ministry of Labor and Social Policy will launch a program aimed at attracting Bulgarians from abroad. More than EUR 33..
“Entering the Eurozone does not present any risk to Bulgaria. Adopting the Euro can only serve as a powerful accelerator for our economic growth,”..
The Sofia Regional Prosecutor’s Office has indicted 6 individuals for hooliganism in front of the European Commission and European..
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