More than a decade after joining the European Union, Bulgaria may still have another quarter-century to wait until it’s as wealthy as the rest of the bloc.
The Balkan nation’s gross domestic product per capita has reached 49 percent of the EU average, up from 40 percent when it joined in 2007. But a report Wednesday by the Open Society Institute in Sofia, Bulgaria’s capital, said hitting 90 percent of average EU income will take until 2042, longer than any of the other members. And that assumes economic expansion will continue to exceed 4 percent a year.
“Bulgaria will overcome the big income differences with the EU average in 24 years if it keeps the current growth levels,” the institute said. “But these deadlines are neither guaranteed nor certain.”
Severe material deprivation in EU (2016) Share of people (%) living in households facing severe material deprivation
in EU, euro area and Member States
(2005, 2010, 2016) This indicator illustrates the share of the population ...
Number of cigarettes smoked daily in EU (2017) Number of cigarettes smoked daily in EU (2017)
On average, how many cigarettes do you smoke each day? Among those who smoke cigarettes, the average daily consumption is 13.7. Over four in ten (44%...
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