Rising Debt Among Young Bulgarians: A Concern for Financial Literacy
The number of young people up to the age of 25 who are heavily in debt is on the rise in Bulgaria
According to the latest Eurostat data published today, 6.8% of the European Union's population experienced severe material and social deprivation in 2023, a slight increase from 6.7% in 2022. The data highlights significant disparities among EU countries.
In 2023, Romania had the highest proportion of citizens facing severe deprivation at 19.8%, followed by Bulgaria at 18%, Greece at 13.5%, Hungary at 10.4%, and Spain at 9%. Conversely, Slovenia reported the lowest level of deprivation at 2%, with Cyprus at 2.4%, and Sweden, Luxembourg, and Estonia each at 2.5%.
In Bulgaria, the percentage of people experiencing severe material and social deprivation decreased to 18% in 2023 from 18.7% in 2022. This marks a significant improvement over the past nine years, with the share halving from 36.8% in 2015 to 18% in 2023. At the beginning of this period, Bulgaria had the highest rate of deprivation in the EU, followed by Romania and Hungary.
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Overnight and into tomorrow, widespread precipitation is expected, with more intense thunderstorms in Western and Central Bulgaria
Bulgarian researchers from the "Plant Cell Biotechnology" department at the Center for Plant System Biology and Biotechnology
In Bulgaria, accidents involving electric scooters are becoming more frequent, with many drivers disregarding traffic rules, leading to increased enforcement by authorities
Friday's weather in Bulgaria will feature a mix of conditions, starting with a sunny morning in Central and Eastern regions, while Western Bulgaria will experience cloudier skies
The delivery of two new medical helicopters to Bulgaria has been delayed until early next year
A young man tragically lost his life after colliding with a pole while riding a scooter in Sofia
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