Bulgaria Increases the Poverty Threshold to 443 Euros in 2027
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Over 1,360,000 Bulgarians live below the poverty line. The government is proposing to increase the threshold by 13.4%, while unions are demanding a change in the methodology for calculating it, returning to the old formula from before 2019.
Bulgaria will increase the poverty threshold to 443 euros from 1 January 2027, after the new value has been approved by the National Council for Tripartite Cooperation. The level set for 2027 is 13.4%...
The government, trade unions and employers in Bulgaria have approved the new poverty threshold for 2027, which will be 13.4% and 52.37 euros, respectively, higher than that set for 2026. The poverty threshold in Bulgaria will increase to 443 euros per month from 1 January 2027. Approximately 1.37 million Bulgarians, and 21.2% of the [...]
Bulgaria - The poverty threshold will increase to 443 euros per month from 1 January 2027. About 1.37 million Bulgarians, or 21.2% of the country's population, have incomes below this level.
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