In 2024, the poverty line in the country was €375 per month on average per person in a household. A total of 1,401,300 people, or 21.7% of the population, were living below the poverty line, according to the National Statistical Institute (NSI).
Compared to the previous year, the poverty threshold rose by 19.7%, and the proportion of the population living in poverty increased by 1.1%. The main factor determining the risk of poverty for the majority of the Bulgarian population is their economic activity and participation in the labour market. Between 2020 and 2024, the relative share of poor people aged 18 and over was highest among the unemployed, at 58.7%.
Two billion euros in additional state guarantees and a concession of the Bulgarian Sports Totalizator are part of changes to the draft budget for 2026, submitted between the first and second readings. The change that increases the..
The increase in the minimum wage is supported by 54.1% of Bulgarians. 1/3 of respondents believe that the minimum wage should be equal to the living wage. This is indicated by the results of a representative survey by the Myara..
“We see a rational plan for a quick peace from President Donald Trump, according to which the situation on the battlefield is developing extremely unfavorably for Ukraine, and he is trying to prevent a worse scenario and additional casualties,”..
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