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

Bulgarians abroad have transferred 624 million euro into the country over first six months of year

Bulgarian National Bank building
Photo: Annie Petrova

According to Bulgarian National Bank data, 624 million euro has been transferred to Bulgaria from Bulgarians living and working abroad in the period from the beginning of the year until 30 June, 2019. 
The biggest sums have been transferred from Germany, USA and Spain. In some households the money transfers from abroad are for no less than 1,200 euro a year. Economists say that after returning to this country, the Bulgarians who have worked abroad continue to pump money into the national economy. The money coming in from abroad is also important to Bulgarian manufacturers because they use it to buy commodities on the local market and that boosts company revenues. 


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

Three people receive new organs after transplantation

Three people got a chance for a second life after a donor situation carried out by a team of Pirogov emergency hospital with coordinator Dr. Hristo Hristov, the Executive Agency Medical Supervision reported. The relatives of a fifty-nine year old man..

published on 4/21/24 2:29 PM

Bad weather for climbing mountain peaks: Mountain Rescue Service

Conditions for hiking are good only in the lower parts of the mountains, the Mountain Rescue Service announced. Conditions remain wintry at higher elevations and the weather is expected to worsen. There is fog, it is windy and temperatures range between..

published on 4/21/24 10:55 AM

Bulgaria's caretaker cabinet welcomes US decision to lend $61 billion to Ukraine

"We welcome the decision of the House of Representatives in the US Congress on the powerful support for Ukraine," the Council of Ministers wrote on its Facebook page on the occasion of the approved long-awaited aid to the country worth 61 billion..

published on 4/21/24 10:29 AM