The amount of money sent by Bulgarians abroad to their home country has decreased significantly. According to data of the Bulgarian National Bank, in the first two months of 2021 Bulgarians abroad sent only EUR 24.8 million to Bulgaria. In the same period last year, the money sent by Bulgarians abroad was 8 times higher and amounted to EUR 198.2 million. Before the Covid-19 pandemic, Bulgarians abroad used to send between EUR 80 million and EUR 100 million a month to their families in Bulgaria.
The negative trend began in the spring of 2020. In 2020, Bulgarians abroad transferred a total of EUR 358.9 million to their home country, while in 2019, they sent a record-high amount of money to Bulgaria-EUR 1.2 billion.
Solar power capacity in Bulgaria for electricity production will exceed 4 GW in 2025. This is equal to 4 large nuclear reactors, Dr. Maria Trifonova, a lecturer at the Faculty of Economics of Sofia University, told BGNES. She emphasized that the spread..
The net minimum wage in Bulgaria from 2026 will be 970 leva (467 euros), and the gross minimum wage will be 1,287 leva (620 euros). It will be the lowest in the entire EU . This was told to bTV by Plamen Dimitrov, president of the largest trade union..
Until October 10, the Bulgarian minesweeper “Shkval” and ships from the Naval Mine Countermeasure Group in the Black Sea will participate in the multinational exercise Poseidon-25, the Ministry of Defense announced. The seventh activation of the..
On Tuesday, Bulgaria will experience cloudy and rainy conditions , with prolonged and heavy rain expected in the eastern and northern regions. In the..
The European Commission will announce next month the amount under the Recovery and Resilience Plan (RRP), the payment of which may be withheld if the..
''I apply the best British practices for the development of science communication in Bulgaria'', said Lyubov Kostova, Member of Board Trustees of..
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