Euro Changeover in Just 40 Days: How Bulgarians’ Money Will Be Converted
Bulgaria is now just over 40 days away from adopting the euro on January 1, 2026
Източник: pixabay
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.
Experts confirm that Bulgaria’s accession to the eurozone on January 1, 2026, remains on track, despite the recent government resignation
Scope Ratings has completed its latest review of Bulgaria and confirmed the country’s long-term credit rating at A- with a stable outlook, alongside short-term ratings of S-1/Stable
At the turn of the year, Bulgaria is preparing to enter 2026 without an approved state budget
In Bulgaria, the common perception that investing is reserved for the wealthy remains widespread, but recent analysis by Freedom24 shows that households can begin investing with modest amounts of 50–100 BGN (approximately €25–50) per month
The euro has been in use since 1999 as a non-cash accounting unit and since 2002 as physical currency.
Pension insurance contributions will not increase in 2026, while pensions themselves will be updated from 1 July under the Swiss indexation formula, resulting in an expected rise of 7–8%.
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