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

Elin Pelin, 26 July, 2024

Air quality in the vicinity of the burning fireworks warehouse near Elin Pelin is normal

Air quality measurements taken by Sofia municipality’s mobile station have so far shown that air quality limit values are normal, Sofia municipality has announced. One killed in the explosion at the fireworks warehouses near Elin Pelin..

published on 7/26/24 9:54 AM

One killed in the explosion at the fireworks warehouses near Elin Pelin

The man injured in the explosions at a fireworks warehouse near the village of Elin Pelin has died. The doctors did everything they could, condolences to the family, said Prof. Nikolai Gabrovski from Pirogov emergency hospital where the people injured..

published on 7/26/24 9:32 AM

Sofia hosts the Intergovernmental Panel on Climate Change

More than 500 delegates from 150 countries have arrived in Bulgaria for the 61st session of the Intergovernmental Panel on Climate Change (IPCC) . The plenary session of the most influential international scientific organisation in the field of climate..

published on 7/26/24 7:05 AM