Only 5% of the real estate of Bulgarians is insured against natural disasters, BNR’s Horizont Programme has reported.
According to a study by the Association of Bulgarian Insurers, this is mainly due to lack of knowledge about the service, lack of trust and the idea of that this is expensive insurance. At their lowest levels, prices start at 5 to 10 euros per year, with different insurers.
Apart from home insurance, the state can also cover damages from disasters, but if it was established that this was due to the fault of the respective regional administration, which had not taken necessary measures to prevent possible damages, experts told BNR.
The Ministry of Foreign Affairs recommends that Bulgarian citizens traveling or residing in Canada keep themelselves well-informed about the current weather conditions, and regularly check the status of their flights. The Canadian Meteorological..
The Ministry of Finance published the 2025 draft budget and the medium-term budget forecast for the 2025-2028 period. The projected deficit for 2025 is up to 6.4 billion BGN (EUR 3.3 billion), which is 3% of GDP. Expenditures will not exceed 40% of..
A commemorative ceremony today in the center of Sofia will mark the 152nd anniversary of the death of Bulgarian national hero Vasil Levski. The solemn ceremony in front of the Monument to the Apostle of Freedom will begin at 6:00 p.m. Citizens will..
The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the..
The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
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