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.
We are negotiating to strengthen Bulgaria's air defence with funds from allies, Minister of Defence Atanas Zapryanov announced at a hearing at a parliamentary committee. We have taken preventive actions to strengthen airspace..
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..
On Tuesday, Bulgaria will experience cloudy and rainy conditions , with prolonged and heavy rain expected in the eastern and northern regions. In the..
During the night in the Danubian Plain it will be rainy and in places the amounts will be significant. In the southeastern regions of..
The repeated floods on the Black Sea coast are the result of uncontrolled development, destroyed natural environment and institutional..
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