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.
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..
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