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
Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that..
Less than 100 days remain until Bulgaria joins the eurozone, and this is another reason to talk about the incomes of people in Bulgaria, about the Bulgarian economy, about foreign investments and about the domestic labour market which reacts the..
At the end of September, with a little over three months to go until the Rubicon in Bulgarian public finance - 1 January, 2026, when the country will officially leave the currency board and adopt the single European currency, the euro – issues..
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