Bulgaria is top of the list in income distribution inequality in the EU, with a more than eight-fold gap between the incomes of the poorest and the richest people in the country, indicate latest Eurostat data for 2020.
Lyuboslav Kostov, economic expert at the Confederation of Independent Trade Unions in Bulgaria commented, for the BNR’s Horizont channel that until a few years ago the income gap between the poorest and the richest was 6-7 fold. But for a second consecutive year the tendency is for an 8-fold income gap, adding that this tendency may continue. By way of comparison, the average difference between the lowest and the highest incomes in the EU is around 5-fold.
Ukrainian optimism clashes with European scepticism ahead of the NATO summit, with divisions emerging over defence spending and how the war will end. These are the conclusions of a report based on a new survey by the European Council on Foreign..
Under the program of the European Civil Protection Mechanism, 240 firefighters from 4 countries arrived in Greece to help their Greek colleagues, the Bulgarian Fire Protection Directorate has reported. Due to the high temperatures..
The newly elected Bulgarian Patriarch Daniil attended a reception at the US Embassy on the occasion of Independence Day, BGNES reported. The head of the Bulgarian Orthodox Church was invited by Ambassador Kenneth Merten to attend the..
The exhibition "The Buckles – a Universe of Signs" by the Ruse Regional Museum of History is visiting Burgas. The exposition, which will be opened today..
"It is evident that the political crisis continues and its solution requires not only putting aside personal and party interests but also requires..
Today, the National Assembly will vote on the new government proposed by GERB-SDS. On Monday, upon receiving the first exploratory mandate, the largest..
Partly Cloudy
Partly cloudy, chance of rain
Mostly Cloudy