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A Campaign Calls On Bulgarians to Donate to the Victims in the Flooded Villages in Karlovo region - Novinite com
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A Campaign Calls On Bulgarians to Donate to the Victims in the Flooded Villages in Karlovo region - Novinite com
novinite.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from novinite.com Daily Mail and Mail on Sunday newspapers.
The Impact of COVID-19 on Poverty in Bulgaria
February 1, 2021COVID-19
COLUMBUS, Ohio Bulgaria, a country in the Balkans known for its sundry terrain, has made many strides over the past few decades in the area of economic growth. That said, poverty in Bulgaria is on the rise as the ongoing COVID-19 pandemic has pulled the country’s economy back into a recession. For Bulgarians already affected by poverty, the COVID-19 pandemic has worsened their financial situations as job loss is increasing throughout the country. In the process of this widespread job loss, new Bulgarian households are now being affected by poverty too. In a country with a poverty rate lingering around 7.5%, the added impact of COVID-19 on poverty in Bulgaria is harsh.