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 Ministry of Finance has published the draft state budget in euros for 2026. The country’s GDP is projected to reach EUR 120.1 billion, with an economic growth rate of 2.7%. Planned revenues amount to EUR 51.436 billion, or 42.8% of GDP...
The two largest trade unions in Bulgaria - the Confederation of Independent Trade Unions in Bulgaria and the Confederation of Trade Unions "Podkrepa" - are organizing a warning protest in front of the Council of Ministers building. It is planned for..
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. The measures include: reducing the municipal administration by merging municipalities;..
Mostly Cloudy
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain