Almost Half of Bulgarians Live Below Poverty Threshold – Survey
A total of 49.3% of all Bulgarians live below the poverty threshold, a survey by Greek statistical institute EL.STAT shows.
Greece ranks fourth among EU countries in terms of the highest percentage of citizens living on the poverty line, Bulgarian Telegraph Agency informs.
According to the EL.STAT data, some 34.6% of Greeks, or 3,795,100 people lived in poverty last year. The situation is worse in Bulgaria - 49.3%, Romania - 41.7% and Latvia - 36.2%.
The indicator of poverty in Greece has been constantly increasing since 2010, when the country received the first foreign capital injection due to the financial crisis, Greek media noted.
The EL.STAT reports that the other EU countries that have reached the poverty line due to loans were Ireland, Spain, Cyprus and Portugal.
The five countries with the lowest poverty rate in the EU 28 are the Netherlands, the Czech Republic, Sweden, Finland and Luxembourg.
- » NGO Threatens to Sue Bulgaria over Forced Demolition of Homes in Roma District of Garmen
- » Two Bulgarian Ad Agencies Nominated in Cannes Lions Festival
- » Bulgaria, USA to Create Commission on Safeguarding Cultural Heritage
- » Three Houses Collapsed in Pernik Following Illegal Mining Activities
- » Bulgaria’s PM: Hospitals Will Remain On No-Privatization List
- » Three-Day Jazz Festival to Take Over Sofia