A draft decision by the Council of Ministers, published for discussion, envisages a poverty line of 638 Leva (a little over EUR 325). The poverty line for this year stands at 526 Leva (a little over EUR 268), or an increase of 21%. The proposal also envisages a broadening of the range of social benefits.
The new poverty line for 2025 will mean updating the financial support for people with permanent disabilities, the monthly social assistance payments and the funding under the Child Protection Act. More people will receive a social old age pension set down by the Social Insurance Code.
In 2023, more than 1.3 million people, or 20.6% of the population lived below the poverty line.
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We expect the governments of Belgium and the Netherlands to decide soon on the acquisition of their decommissioned mine hunters by..
Starting in November, euro banknotes and coins will be offered for purchase to businesses and citizens before entering the eurozone on..
For the first 7 months of 2025, compared to the same period in 2024, electricity exports from Bulgaria have been growing. This was..
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