Close to 53 percent of Bulgarians were unable to cope with unexpected financial expenses last year, Eurostat data indicate. The average for the EU stands at 34 percent.
This applies most often to one-parent families and elderly couples. The share of Bulgarians with such problems has gone down by 1 percent compared to the previous year – 2016, Eurostat says. 20 percent of Bulgarians cannot afford to buy any kind of car, whereas this percentage for the EU is 7. That Bulgarians have financial problems is confirmed by the fact that 46 percent of the population were unable to save any money. The share of people with financial problems is lowest in Malta, Austria and the Netherlands.
The Bulgarian Cultural Institute in London is covering all the costs for the festive concert-performance that will mark the national holiday. The concert will be held at the Ondaatje Theatre, Royal Geographical Society on March 1,..
Bulgaria has received encouraging signals at the Eurogroup meeting. "The country has made even greater progress in fulfilling the price stability criterion," said European Commissioner for the Economy Valdis Dombrovskis. When..
The Consulate General of Bulgaria in Toronto announced that it has organized a crisis headquarters and is monitoring the situation with the plane crash at Pearson Airport in the Canadian city. A plane from Minneapolis to Toronto..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to..
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