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

Architect Rumen Dzhagarov leaves Sofia to restore his ancestral home in Novo Selo village

5,257 is the number of towns and villages in Bulgaria, National Statistical Institute data from 2021 show. Almost 5,000 of them are small settlements, but statistical data show that one village in the country “dies” every year after its last..

published on 5/31/24 2:20 PM

From vineyard to bottle: The legendary Mavrud, Bulgaria's signature wine

Mavrud is poetry in a bottle, according to connoisseurs of Bulgaria's iconic grape. It is characterised by its deep ruby colour and high levels of tannin and acidity. Aromas of berries, rosehip marmalade, earth, herbs and spices dominate in the..

published on 5/31/24 12:19 PM
Miroslav Marinov

Pupils learn sustainability in the "Forest Classroom"

The national campaign "Forest Classroom" will be launched today in the village of Zheleznitsa, Sofia region, by Deputy Minister of Agriculture and Food Miroslav Marinov.  The initiative of the Executive Forests Agency will take place on the..

published on 5/31/24 7:25 AM