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.
Bulgarian Minister of Energy Zhecho Stankov has held a working meeting with US Secretary of Energy Chris Wright. The two discussed strategic projects in the sphere of nuclear energy as a key guarantor of the region's long-term energy security...
Bulgaria will not make any concessions to the Republic of North Macedonia in order for Skopje to start negotiations on the country's membership in the European Union. This was reiterated by President Rumen Radev in Warsaw , where he took part in the..
On Wednesday 30 April, between 8am and 5pm, traffic on the Danube bridge near Ruse will be stopped periodically at short intervals, the Road Infrastructure Agency (RIA) announced. The temporary restriction is due to asphalt paving work on a closed 413..
A month after Bulgaria receives the green light to join the eurozone, all traders are obliged to have their prices in both Bulgarian..
Since the beginning of the year, Bulgaria has also met the price stability criterion for eurozone membership, Minister of Finance..
On Tuesday, the lowest temperatures will range from 1°C to 6°C, for Sofia around 5°C. There will be frost in some valleys across eight regions in..
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