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The sums Bulgarians living abroad send back to their families in this country have dropped dramatically, according to Bulgarian National Bank data. The money transfers have gone down by 370 million euro over the first 6 months of the year due to the coronavirus pandemic.
636 million euro entered the country over the same period of last year, whereas this year this figure is 266 million.
According to Latchezar Bogdanov from the Institute for Market Economics this fact will affect Bulgaria’s economy. “For households who regularly receive money transfers this will be a serious blow to their incomes,” he commented for Nova TV. The economist predicts that, if the crisis in tourism continues, seasonal jobs will be lost. “The corona-crisis will catalyze serious reforms,” he says.
The 32 nd edition of the exhibition "Agriculture and Everything About It" will be held between August 28 and 31. It is organized by the Dobrich Fair. Companies offering seeds, fertilizers and agricultural machinery have registered to participate..
Overnight there will be considerable cloud over the eastern half of the country, with rain and thunder in some places. The western parts will remain sunny. Light to moderate winds will blow from the north-northeast. On Wednesday, atmospheric..
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