In the Eurozone: Annual Inflation Slips to 2.6%
In February 2024, the euro area witnessed a decline in its annual inflation rate, dropping to 2.6% from January's 2.8%
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Every third Bulgarian lives in dire material straits. 78.5% of households in the country have at their disposal a total income per one person below the means necessary to live.
BGN 2,235 are needed for a four-member family in order for them to live in a normal way in September.
These are some of the conclusions of the regular survey of the Institute for Syndicate and Social Research with KNSB.
Low work remuneration remains the main problem, while people who have started work manage to escape the “poverty trap” very rarely.
These conclusions are confirmed by the latest data of SILC by Eurostat for 2015. 41.3% of Bulgaria’s population is exposed to the “risk of poverty and social exclusion”. Bulgaria ranks first in the EU in this respect, followed by Romania and Greece.
Bulgaria also tops the ranking in terms of the share of people who live in dire straits with 34.2%, followed by Romania (22.7%) and Greece (22.2%).
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
I feel no moral guilt towards anyone. This was stated by Kiril Petkov, answering a question whether he would apologize to the Bulgarian people for violating the Constitution.
Head of the Military Medical Academy (MMA) Major General Prof.
The Ministry of Finance has revised its autumn forecast for economic development.
Bulgarian police arrested a Russian citizen and two Lithuanians on suspicion of exporting “sensitive information” from the Arsenal military plant in Kazanlak.
The government has changed its order requiring state-owned companies to pay a dividend to the budget.
Norwegian Inspiration: Bulgaria's Move Towards Environmentally Friendly Prisons
Nexo Is Suing Bulgaria For Over $3 Billion