In 2020, the poverty line for this country as a whole was 231 euros on average per household member a month. 1,659,900 people or 23.8% were below the poverty line, according to the National Statistical Institute. Compared to the previous year, the relative share of poor population rose by 1.2%. However, the social protection system is essential for reducing poverty. Data for 2020 show that when household incomes included those from pensions but excluded other social transfers (benefits, social and family benefits, etc.), the poverty rate rose from 23.8% to 29.9%, or by 6.1%.
The relative share of the poor is highest among the unemployed (61.1% in 2020). The share of the poor among the employed aged 18 to 64 increased compared to the previous year by 0.7% to 9.7%. Among the working poor, the share of those with higher education is the lowest - 2.4%.
EUR 87 million under the operational programme Transport Connectivity, earmarked for the Russe-Veliko Tarnovo motorway is being redirected to the Europe motorway, connecting Sofia with the border with Serbia. Almost EUR 500 million for the..
The Culture Committee of the Bulgarian National Assembly failed to approve, at first reading, a bill on amendments to the Public Libraries Act to rename the National Library Sts. Cyril and Methodius to People’s Library. 2 MPs voted “for”, 4 voted..
A proposal for the establishment of a state-run company for trading in groceries, primarily produced in Bulgaria, via chain stores, was approved by the National Assembly’s Committee on Budget and Finance. The proposal was tabled between the..
EUR 87 million under the operational programme Transport Connectivity, earmarked for the Russe-Veliko Tarnovo motorway is being redirected to the Europe..
Bulgarian Ambassador to the United States Georgi Panayotov and Raycho Raychev, founder and CEO of the Bulgarian company EnduroSat , met with experts..
On Friday the weather in Bulgaria will be mostly sunny. There will be more significant cloudiness over Northwestern Bulgaria and there will be..
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