Bulgaria - Large part of the population below minimum standard of income - February 28, 2018

An economist of the Confederation of Independent Trade Unions of Bulgaria (CITUB) stated, in reaction to recently released survey data, that 71% of the citizens receive an income below the minimum standard of living. The economist noted that although there is an economic upsurge, the majority of the population does not benefit from it because economic inequality continues to increase. For a year, the standard of living has gone up by between 5% and 7% and average wages by 12%. However, the prices of goods have risen more and this increases inequality between individual social groups. According to research, 27% of the working households receive incomes lower than the poverty line, which is currently BGN 314 and the remaining 45% earn income between the poverty line and the minimum subsistence.

Read on: in English (1) …   in English (2) …

For more information, please contact the editor Jan Cremers or Nuria Ramos Martin, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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