Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bank remittances by Bulgarians abroad to relatives in Bulgaria decrease

Photo: Archive

The money sent by the Bulgarian diaspora abroad to relatives in Bulgaria is decreasing. In March 2022, Bulgarians abroad sent only 14.9 million euros, according to the Bulgarian National Bank. The amount is almost equal to that of March 2021. But it is more than 7 times less than the funds received from abroad in March 2019, before the Covid pandemic.

For the first quarter of 2022, the funds received from the diaspora amounted to 39.7 million euros. This is 260 million euros less than in the same period of 2019. Most money comes from Germany, the United States, Spain and Greece.

According to the World Bank, remittances from other countries in Southeast Europe to relatives after the pandemic are not only not decreasing, but even increasing.



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

Sunny weather and scattered clouds expected on Bulgaria's Unification Day

During the night, the weather will remain mostly clear with scattered high clouds. After midnight, low clouds or fog are expected to form over the far eastern regions. It will be almost calm across most of the country. There will be a light northerly..

published on 9/5/25 6:35 PM
E-Government Minister Valentin Mundrov

Bulgaria to audit government IT systems for euro readiness from October

Bulgaria will begin checks after Oct. 1 to ensure all government IT systems are ready to operate with the euro , e-Government Minister Valentin Mundrov told parliament on Thursday. He said preparations were 97.75% complete. The ministry oversees the..

published on 9/5/25 6:23 PM
Вътрешният министър Даниел Митов

Bulgaria says migrant pressure at Turkish border down more than tenfold

Bulgaria says migrant pressure at Turkish border down more than tenfold Migrant pressure on Bulgaria’s border with Turkey has fallen more than tenfold in the past two years, Interior Minister Daniel Mitov said on Thursday at the opening of a new..

published on 9/5/25 6:13 PM