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.
On 16 April 2024, the Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Iran to Bulgaria Mr. Alireza Irvash was summoned to a meeting at the Ministry of Foreign Affairs on the occasion of Iran’s attack on Israel on 14 April..
European Commissioner for Home Affairs Ylva Johansson and Romanian Deputy PM and Minister of Interior Cătălin Marian Predoiu are arriving today on a working visit to Bulgaria. The visit comes at the invitation of the Minister of..
On April 18, we mark World Amateur Radio Day. On this date in 1925, the International Amateur Radio Union (IARU) was founded. In Bulgaria, the foundations of the organized amateur radio movement were laid in 1926, when 38 people of..
Italy supports Bulgaria's full-fledged membership in the Schengen area, Italian President Sergio Mattarella said. Mattarella is on a two-day visit to..
Bulgarian Caretaker Prime Minister Dimitar Glavchev has met with the Prime Minister of the Netherlands Mark Rutte , the press service of the Council of..
The Bulgarian Socialist Party will send the parliamentary report on the gas contract with the Turkish state-owned energy company Botas to the..
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