In 2024, 8.2% of people aged 18 or over who declared to be at work (either employed or self-employed) in the EU were at risk of poverty, according to data from Eurostat, cited by the BNR's Horizont channel. In Bulgaria, this share reached 11.8%. The percentage of working people at risk of poverty is higher only in Luxembourg, reaching 13.4%. The lowest rate of people who were in-work and at risk of poverty was recorded in Finland (2.8%).
The indicator ''in-work at-risk-of-poverty'' includes people who are employed or self-employed and live in households whose disposable income is below 60% of the national median income.
Edited by Miglena IvanovaPublished and translated by Kostadin Atanasov
Photo: Pixabay
The Executive Board of the International Monetary Fund (IMF) has concluded the 2025 Article IV Consultation with Bulgaria. According to the IMF’s procedure for assessments and recommendations, domestic demand is driving a robust expansion of the..
The draft state budget was adopted in first reading by the National Assembly on November 21. However, the planned changes in the financial framework for 2026 triggered an open clash between the ruling coalition, led by GERB party, and the opposition..
KBC Group expects the Bulgarian economy to grow slightly more next year in comparison to its previous forecasts, according to the conclusions of the Belgian financial group's latest assessments of the economies of Central and Eastern..
The draft state budget was adopted in first reading by the National Assembly on November 21. However, the planned changes in the financial framework for..
The Executive Board of the International Monetary Fund (IMF) has concluded the 2025 Article IV Consultation with Bulgaria. According to the IMF’s..
Rain
Mostly Cloudy
Scattered showers
Cloudy
Cloudy
Overcast, rain