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%.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
GERB leader Boyko Borisov said in Parliament that Bulgaria will become a member of the eurozone on January 1, regardless of protests organized by..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that..
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