Capital and resources have become more concentrated in the hands of fewer and fewer people for the past 20 years, the director of the Institute for Social and Trade Union Research at CITUB, Lyuboslav Kostov, has told BNR. "The well-being of the rich in our country has been growing, but this is detrimental to the well-being of others. This is the key point that needs to be discussed," Kostov said. According to data provided by him, in 2019 the richest 1% of the country's population owned 18% of GDP, while in 2008 they owned 8% of GDP.
According to Kostov, the average annual income for 2020 of 50% of the poorest Bulgarians was 2,959 euros, which is about 255 euros per month. The annual income of 1% of the richest Bulgarians was 163,613 euros, or over 13,293 euros per month.
The scandal with issuing Bulgarian passports for money six years ago may put into question the candidacy of Ekaterina Zaharieva for European Commissioner, the BNR correspondent in Brussels reported, quoting "Politico". The article..
The combination of a favorable climate, beautiful nature, mineral water springs and healing mud in Bulgaria favors the development of resort treatment. During the 11th Annual Congress of the Bulgarian Union of Balneology and Spa..
The European Commissioner for International Partnerships, Jutta Urpilainen, is coming today on a working visit to Bulgaria , the European Commission announced. In Sofia, she will meet with the Minister of Foreign Affairs Ivan Kondov, as well as with..
Acting chairman of the Bulgarian Socialist Party (BSP) Atanas Zafirov has withdrawn the papers submitted yesterday for the BSP’s independent..
Bulgaria ranks second in the world in terms of bread consumption after Turkiey, reported BNT citing the Turkish news site Yenigün. According to the..
Before the start of the new school year, the ''Give a Book'' Foundation is collecting notebooks, plimsolls, pencil cases and backpacks filled with school..
Partly Cloudy
Partly cloudy, chance of rain
Clear
Mostly Cloudy