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

50 years since the invention of the copper bromide vapor laser

The Bulgarian Academy of Sciences’ Institute of Solid State Physics is officially celebrating 50 years since the invention of the copper bromide vapor laser today. This laser is a Bulgarian invention, launched for the first time by Academician..

published on 4/24/24 9:00 AM

Survey: 49% of eligible voters are ready to go to the polling stations on June 9

The caretaker cabinet of Prime Minister Dimitar Glavchev has an approval rating of 20% and a disapproval rating of 39%. Only 11% of respondents view positively the constitutional amendments regarding the caretaker government, indicate data of a..

published on 4/24/24 8:55 AM
Simeon Karakolev

Premier Glavchev and cabinet members to meet with farmers' representatives

Caretaker Premier Dimitar Glavchev, Deputy Premier and Minister of Finance Lyudmila Petkova and Agriculture Minister Georgi Tahov will meet today with representatives of agricultural organisations in Bulgaria . Solutions to the most pressing..

published on 4/24/24 6:10 AM