Daily webcast

Bulgarian National Radio © 2021 All Rights Reserved

Bulgaria reports significant decrease in the amount of money sent by Bulgarians abroad

Photo: Ani Petrova, BNR

The amount of money sent by Bulgarians abroad to their home country has decreased significantly. According to data of the Bulgarian National Bank, in the first two months of 2021 Bulgarians abroad sent only EUR 24.8 million to Bulgaria. In the same period last year, the money sent by Bulgarians abroad was 8 times higher and amounted to EUR 198.2 million. Before the Covid-19 pandemic, Bulgarians abroad used to send between EUR 80 million and EUR 100 million a month to their families in Bulgaria.

The negative trend began in the spring of 2020. In 2020, Bulgarians abroad transferred a total of EUR 358.9 million to their home country, while in 2019, they sent a record-high amount of money to Bulgaria-EUR 1.2 billion.


More from category

Bulgarian drug lord arrested in Ukraine asks to serve his sentence in Bulgaria

Evelin Banev  with the nickname Brendo, who was  arrested in Ukraine after a 3-year international search, has asked to serve in Bulgaria his sentences imposed by a Bulgarian, Romanian and Italian court for drug trafficking, for 6, 10 and 20 years,..

published on 9/20/21 7:08 PM
Maya Manolova

"Stand up BG! We are coming!"offers a pre-election coalition of the honest

The chairperson of "Stand up BG! We are coming!” Maya Manolova has proposed a pre-election agreement with Democratic Bulgaria and "We continue the change" of the former caretaker ministers Kiril Petkov and Asen Vassilev. "It will be clear that the..

published on 9/20/21 7:00 PM
Commissioner Oliver Varhelyi

The European Commissioner for Enlargement to arrive on visit to Bulgaria on Tuesday

EU Enlargement Commissioner  Oliver Varhelyi will visit Bulgaria tomorrow, September 21, the BNR correspondent in Brussels Angelina Piskova has reported, citing the European Commission.  Meetings of the European Commissioner with President..

published on 9/20/21 5:09 PM