As of 1 January 2008 the line of poverty in Bulgaria will be 166 leva (84 euros), the Government decided today. At the moment poverty line stands at 152 leva (77 euros).

The new indicator was calculated using new methodology developed by the Ministry of Labor and Social Policy, the National Statistics Institute (NSI), the Bulgarian Academy of Science and researchers.

Experts have made the calculations on the basis of data provided by the NSI on the incomes of Bulgarian households.

The decision has been coordinated with the Council of Tripartite Cooperation.