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.
A Bulgarian military formation will be sent with a solemn ceremony to participate in the operational reserve forces of NATO's force in Kosovo (KFOR). The ceremony, which will be attended by the Chief of Defense Admiral Emil Eftimov,..
On Wednesday , the lowest temperatures will be between minus 6° and minus 1°C. In Sofia, it will be around minus 3°. During the day, it will be mostly sunny. There will be more significant temporary increases in cloudiness over the..
North Macedonia’s Minister of Health Arben Taravari and his Bulgarian counterpart Silvi Kirilov, together with the Foreign Ministers of Bulgaria and North Macedonia, Georg Georgiev and Timco Mucunski, visited the citizens of North Macedonia who were..
March 18, 2025 has been declared a National Day of Mourning in memory of the young people who died in the tragic fire in a nightclub in the town of..
The import of manpower from non-EU countries is record high, but does not cover the needs of the business sector. Since the beginning of the year, 4,202..
Six residents of the town of Kocani from North Macedonia are traveling to the Pirogov Hospital in Sofia to donate blood. They have the rare blood type..
Clear
Mostly Cloudy
Partly Cloudy