According to Eurostat data, in 2024 Bulgaria and Estonia ranked second to last in the EU in terms of actual individual consumption (AIC) per capita. This important indicator of household material well-being is lowest in Hungary, at 72% of the EU average. In Bulgaria and Estonia, the indicator stood at 74%, whereas in Luxembourg it reached 141% of the EU average.
The National Statistical Institute defines PPC as the goods and services actually consumed by households, regardless of whether they are purchased and paid for directly by households, the government, or non-profit organisations.
However, Bulgaria remains last in terms of GDP per capita, a key indicator of economic activity, at 66% of the EU average, according to Eurostat.
Members of Parliament have approved the confiscation of assets obtained through criminal activity, even when such assets are held or possessed by third parties acting in bad faith. The amendment to the Penal Code was adopted at its second and final..
The fire situation in the country remains complex, so the political debate about it should be constructive, not destructive. This was what Prime Minister Rosen Zhelyazkov said at the beginning of the government meeting. He thanked..
The information campaign for the introduction of the euro in Bulgaria is late, Deputy Prime Minister Tomislav Donchev has told BNT. “This is a big change and people are afraid of the change,” he added. Asked about market prices,..
On Saturday minimum temperatures will range between 15 and 23° C., for Sofia 15° C. During the day the weather will be predominantly sunny, cumulus..
Minister of Tourism Miroslav Borshosh has met with mayors from the Black Sea municipalities and the regional governor of Burgas to outline a common..
The base interest rate in the country is being reduced to 1.82% as of 1 August 2025, the Bulgarian National Bank (BNB) has announced. The reduction is..
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