Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria reports significant decrease in the amount of money sent by Bulgarians abroad

Photo: Ani Petrova, BNR

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.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Kiril Petkov

PP-DB reaffirms its refusal to support a GERB-SDS government

On Facebook, Kiril Petkov, co-leader of We Continue the Change - Democratic Bulgaria (PP-DB), said that this coalition would not support "the GERB-SDS government that Peevski dreams of, because the next reforms that Bulgaria needs are impossible with..

published on 7/1/24 6:13 PM

Weather forecast: Orange weather warning for rain for the Northwest, the regions of Sofia and Rouse

On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there will be brief showers, thunderstorms and hail. Minimum temperatures 19-24° C., for Sofia 20° C.,..

published on 7/1/24 6:05 PM

Varna authorities assign lifeguards to 7 of their unguarded beaches in Varna

Lifeguards will be stationed at seven of the unguarded beaches in Varna Region, the regional administration's press service has announced. A contractor has been appointed to carry out the work. There will be three stationary lifeguard posts at the..

published on 7/1/24 6:00 PM