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.
After the Central Electoral Commission refused the registration of the two factions of the Movement for Rights and Freedoms party (DPS) with coalitions of DPS, the leader Ahmed Dogan and chairman Jevdet Chakarov submitted documents for independent..
The Central Election Commission has refused to register the coalition "Democracy, Rights and Freedoms - MRF" and "MRF - New Beginning" for participation in the upcoming early parliamentary elections on October 27, BTA reported. The reason is..
Fukushiro Nukaga, Speaker of Japan’s House of Representatives, has arrived on an official visit to Bulgaria, public service TV BNT reports. With an official ceremony at the Monument to the Unknown Soldier in Sofia, he was welcomed by the President..
Acting chairman of the Bulgarian Socialist Party (BSP) Atanas Zafirov has withdrawn the papers submitted yesterday for the BSP’s independent..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..
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