The gap between the richest and poorest EU member state is narrowing but still huge

Slightly reduced but still huge gap between richest (Luxembourg) and the poorest country (Bulgaria), according to a report released last Thursday by the Statistical Office of the European Union (Eurostat).

In terms of purchasing power parity, gross domestic product (GDP) per capita and real per capita consumption (AIC) are towering in Luxembourg in the 28-member community, with Bulgaria lagging behind the mid-range. (MTI)