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Republic of Bulgaria

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Revision as of 13:52, 17 February 2022 by Ledlecreeper27 (talk | contribs) (Created.)
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Република България
Three horizontal stripes; from top to bottom, white, green, and red.
Flag
Coat of arms of Republic of Bulgaria
Coat of arms
Motto: Съединението прави силата
"Unity makes strength"
Anthem: Мила Родино
Location of Republic of Bulgaria
Dominant mode of productionCapitalism
GovernmentUnitary parliamentary republic
• President
Rumen Radev
• Vice President
Iliana Iotova
• Prime Minister
Kiril Petkov Petkov
Area
• Total
110,993.6 km²
Population
• 2021 estimate
6,875,040


Bulgaria, officially the Republic of Bulgaria, is a country in the Balkans.

History

After the overthrow of socialism in the early 1990's, poverty rates in Bulgaria increased by 750%.[1] In 2019, 57% of Bulgarians said that the economy is worse now than it was under socialism.[2]

References

  1. Branko Milanovic (1998). Income, Inequality and Poverty during the Transition from Planned to Market Economy. [PDF] Washington, D.C.: World Bank.
  2. Richard Wike, et al. (2019-10-14). "Political and economic changes since the fall of communism" Pew Research Center. Retrieved 2022-02-17.