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.
August is not the best month for an election campaign and elections should not be held before the middle of September. This was what President Rumen Radev, who participated in the "Bank of the Year" awards ceremony, said. "I am..
The Sand Sculpture Festival takes place for the 17th summer in a row in the city of Burgas. It will open its doors to visitors on July 5. The "Marina Zmeeva" ballet school and the musicians from the Burgas Wind Orchestra will have a special..
From July 5 to 7, hundreds of high-speed enthusiasts from all over the country will participate in the latest edition of the National Motorcycle Festival Vratsa – Ledenika. The event will take place on the meadows near the Ledenika Cave. The official..
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If a referendum was held on whether to continue the country's membership in NATO, 59% of Bulgarians would answer affirmatively,..
The 17 th classic car and motorcycle parade is to take place in Burgas’ Primorski Park from 10 AM until 2.30PM today. More than 150 collectors from..
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