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.
Bulgaria will assist Ukraine in the process of rebuilding its energy infrastructure. This was announced after a meeting between Bulgaria’s Energy Minister Vladimir Malinov and Ukraine’s ambassador to Bulgaria Olesya Ilashchuk. “Deepening..
The Parliamentary Committee on Tourism has adopted at first reading the Bill for Amendments to the Foreigners in the Republic of Bulgaria Act, submitted by Manoil Manev and Temenuzhka Petkova from the GERB-SDS parliamentary group, which..
The leader of GERB, Boyko Borissov, announced that a second "assemblage" with "We Continue the Change - Democratic Bulgaria" after the elections cannot exist. In response to a journalist's question regarding an accusation made by..
Hail storm caused huge damage in the regions of Plovdiv, Haskovo, Stara Zagora and Sliven. No people were injured but crops in many..
Today Bulgaria is hosting a global event of the Organisation for Economic Co-operation and Development. The results of the organisation's global..
On Saturday, minimum temperatures in the country will be between 5 and 10°C, around 5°C in Sofia. The morning will be sunny. In the afternoon it will be..
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