Bulgaria is at the bottom of the EU living standard ranking, a survey made by economists from the Bulgarian Academy of Science shows. In the past seven years the living standard in Bulgaria as compared to other EU members was four to six times lower. In 2010 the average coefficient of living standard in the EU was 46.6% whereas in Bulgaria it was at 9.9% which places Bulgaria 28th (last) in the EU. Luxembourg is the EU country with highest living standard (90.8%). Bulgaria is last after Lithuania, Latvia and Romania. In 2017 the average coefficient of living standard in the EU was 45.6% and in Bulgaria it was at 7%. Bulgaria is again last in the living standard ranking after the two Baltic countries and Romania.
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security of supply . This was stated by Energy Minister Zhecho Stankov at the Energy Summit, organized by the..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President Rumen Radev at a meeting with the Ambassador of Vietnam Do Hoang Long . The meeting was also..
The prospects for developing the significant potential of tourism in Bulgaria were discussed at a meeting between the Bulgarian Head of State Rumen Radev and the Secretary-General of the UN World Tourism Organization Zurab Pololikashvili. The..
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka..
The Ministers of Agriculture of Bulgaria, Hungary, Romania and Slovakia have called on the European Commission to restore pre-war import quotas for..
On Tuesday , the minimum temperatures in Bulgaria will be between minus 5 and 0°C, in the northeast - as low as minus 11°C. In Sofia, it will be around..
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