73% of Bulgarians Aren't Saving Money, with Only 6% Reporting High Living Standards
A recent survey conducted by the sociological agency "Trend" on behalf of Finance Academy reveals that 73% of Bulgarians are not saving money
42 people have as much money as 50% of the world's poorest population, according to a study by Oxfam.
The organization has called for more active action to overcome the huge gap between super-rich and everyone else. It turns out that about 82% of the money generated in 2017 went to the accounts of the richest 1% of the population. And the poorest did not feel any growth in their income.
The figures also indicate that the Earth's billionaires have risen by 13% a year between 2006 and 2015. Only last year they have risen richer by $ 762 billion - enough to overcome extreme poverty seven times.
A curious fact is that there are 2043 billionaires in the world, with 9 out of 10 men.
"The concentration of such a great wealth at the top is not a sign of a thriving economy, but a symbol of a system that has failed millions of hardworking people on minimum wages that raise our food and sew our clothes," said Oxfam Executive Director Mark Goldring.
Bulgaria has fulfilled the final requirement for joining the eurozone by meeting the budget deficit criterion
On June 4, Bulgaria will find out whether the euro will officially replace the lev in January 2026
In the first quarter of 2025, the 20-BGN banknote has overtaken the 100-BGN note as the most frequently counterfeited denomination in Bulgaria,
According to recent data from the Trend Research Center, shared during the "Personal Finance" event by Money.bg, 38% of Bulgarians are unable to set aside any savings
Bulgarians may begin exchanging their lev for euros if the upcoming convergence report
In July, Bulgaria’s eurozone entry plans will be definitively clarified
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase