Social inequality

Gender pay gap shrinks below EU average in Cyprus

Cyprus is making steady progress in reducing the pay gap between men and women, data from the European statistical authority, Eurostat, showed on Wednesday.

According to figures for 2016, the unadjusted gender pay gap in Cyprus stood at 13.9 percent against an EU average of 16 percent, meaning that women earned 0.84 euros to every 1 euro made by a man.

Trade Unions Expert: 71% of Bulgarians Live with Income below Minimum Standard

Тhe economist, Lyuboslav Kostov, from the Confederation of Independent Trade Unions of Bulgaria (CITUB) commented on the recently released data that a family of four needs BGN 581.31 per person per month for a decent standard of living. He stated that 71% of the Bulgarians receive income below the minimum standard of living if the statistics are realistic.

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