Bulgarians' Real Estate Investments Reach 59 Countries
As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data from the National Revenue Agency referenced by "Telegraph"
A stark economic reality confronts Bulgarians as the Institute for Social and Trade Union Studies at the CITUB reveals that a staggering 64% of the population, totaling over 1.6 million individuals, cannot meet their basic needs due to insufficient incomes. This disheartening revelation sheds light on the deepening financial challenges faced by a significant majority.
According to the institute's findings at the close of 2023, a working person living alone requires a net monthly income of €726 to cover basic needs. Similarly, a three-member family consisting of two employed individuals and a child needs €1,307 per month. These figures represent an alarming increase compared to 2022, with the president of the trade union, Plamen Dimitrov, underscoring the pressing nature of the financial struggles faced by the majority.
Dimitrov lamented that "64.3% of all working insured persons receive payments that do not reach the level of salary needed for the sustenance of one person." The plight of over 1.6 million Bulgarians grappling with inadequate incomes paints a somber picture of the economic challenges prevailing in the country.
CITUB Vice President Violeta Ivanova added another layer to the predicament, pointing out that despite lower inflation rates, there was a significant annual increase of 7.2% in the prices of basic food products. This compound effect exacerbates the financial strain on households, making it increasingly difficult for a considerable portion of the population to make ends meet.
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Bus line 384, which previously operated between Druzhba-2 district and Sofia Airport, has been officially discontinued, announced the Center for Urban Mobility.
Lazarus Saturday is a Christian holiday dedicated to Lazarus of Bethany and his miraculous resurrection by Jesus Christ and celebrated on the Saturday before the feast of Palm Sunday and Holy Week
During the night, expect mostly clear skies with scattered high clouds, bringing generally calm weather with temperatures ranging between 5°C and 10°C, around 5°C in Sofia
Maria Bakalova, the Bulgarian breakout star from the hit movie "Borat Subsequent Moviefilm," is set to embark on a thrilling new adventure alongside Hollywood heavyweights Ryan Reynolds and Kenneth Branagh
The Ministry of Health in Bulgaria has announced a significant initiative to provide free whooping cough vaccines to all pregnant women between 27 to 36 weeks of gestation
Minister of Transport and Communications Georgi Gvozdeikov and the management of the Polish company "Stadler Polska Sp. z o. o.” have inked a deal for the procurement of seven double-decker trains
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022