Money sent by Bulgarian emigrants to their home country exceeds EUR 1 billion

Photo: library

The money sent by the Bulgarian emigrants to their home country in one year exceeded EUR 1 billion for the first time, Eurostat announced. According to 2018 data, the personal money transfers from the EU to Bulgaria amounted to EUR 833 million and the transactions from non-EU countries were to the tune of EUR 343 million. The total money flow to Bulgaria is estimated at EUR 1.176 billion. Meanwhile, the private transactions from Bulgaria abroad amounted to EUR 20 million. 

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