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Eurostat has registered a drastic decrease of income in a total of 14 EU Member States, file photo
Bulgaria has ranked second in the European Union by the slump of income in 2010, according to Eurostat, the EU's statistical office.
Eurostat has registered a drastic decrease of income in a total of 14 EU Member States.
The collapse is the starkest in Greece with 12% (on the base of average annual household income of EUR 11 000).
Ireland leads the negative ranking with 9.7%, followed by Bulgaria with 6.6% (on the base of average annual household income of BGN 5 674), Latvia with 6.1%.
Spain showed a 5.8% decrease, (on the base of average annual household income of EUR 12 500), Estonia - 4.4%, Portugal – 4.1% (on the base of average annual household income of EUR 8 500), France – 2% (on the base of average annual household income of EUR 20 000), and Italy – 1.4% (on the base of average annual household income of EUR 16 000).
According to national statistics data, in Bulgaria salaries are the main source of income – 55% of it, followed by retirement pensions – 26.4%.
The biggest expenses are for food and utility bills – about half of the monthly income.
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