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.
In 2021, the value added of the EU’s information and communication technology (ICT) sector was equivalent to 5.5% of the EU’s gross value added: 4.7% from ICT services and 0.8% from ICT manufacturing, Eurostat data show. Bulgaria is among the 3 EU..
The Dairy Union of Ukraine plans to double the export of raw materials on the Bulgarian market. This was made clear during the first meeting of the organization with the Bulgarian Association of Dairy Processors in Veliko Turnovo, BNR’s..
After 4 years of investigation, the Sofia City Prosecutor’s Office has submitted to court the indictment against former gambling mogul Vassil Bozhkov, and another 9 persons, including officials from the now dissolved State Commission on Gambling, who..
MEPs are concerned about Russian interference in the upcoming elections on June 9, and the properties on the territory of Bulgaria currently owned by..
On Wednesday minimum temperatures in the country will range from 7 to 12° C., for Sofia 9° C. During the day there will be sun, with clouds over the..
Members of Parliament observed a minute of silence to honor the victims of the Armenian Genocide in the Ottoman Empire (1915-1916). April 24 was..
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