Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Financial expert Dino Dionne: Bulgaria is not third-world country

Photo: library

“Bulgaria is far from a poor country”, financial expert Dino Dionne commented on the American platform Quora in response to the question “Why countries like Bulgaria and Romania are so poor after the fall of Communism?” “If you compare an average American, approximately 59% own their homes as the majority are financed through mortgages. In Bulgaria 95% of the people own their homes”, Dino Dionne points out. The expert mentions other advantages for Bulgarian people, including free healthcare, social benefits and low taxes, BGNES informs.

Dino Dionne was born in the city of Plovdiv (Central South Bulgaria). He is of Greek descent. He emigrated to America in the 1990’s.

In Dino Dionne’s view, Bulgaria is not a third-world country and there are no third-world countries in Europe. Europe is not a wild place without electricity and sewerage system. However, Bulgarians are to blame for their negative image abroad, Dino Dionne adds.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Seeds from resistant crop varieties, fruit trees and honey plants handed out in Sevlievo

"You reap what you sow", says a proverb. And spring is the time for sowing. Traditionally, at this time of the year Sevlievo hosts a long-awaited event associated with the agricultural lifestyle of Bulgarians.This weekend, the town will host the 10th..

published on 4/27/24 12:05 PM

The town of Nova Zagora hosts the Samardala Festival

On April 27, the residents of Nova Zagora (Southeastern Bulgaria) take to the streets to praise their most popular spice, which has become a tourist symbol of the town. The Samardala Festival is held for the second consecutive year and is organized..

published on 4/27/24 10:35 AM

The village of Tsarevets near Mezdra hosts the 3rd edition of the Soap Festival

Tsarevets is once again becoming a place for reviving old traditions. On Saturday, April 27, the village located near the town of Mezdra is hosting the third edition of the "Soap Festival," which presents a typical local custom passed down from..

published on 4/27/24 9:20 AM