Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bank remittances by Bulgarians abroad to relatives in Bulgaria decrease

Photo: Archive

The money sent by the Bulgarian diaspora abroad to relatives in Bulgaria is decreasing. In March 2022, Bulgarians abroad sent only 14.9 million euros, according to the Bulgarian National Bank. The amount is almost equal to that of March 2021. But it is more than 7 times less than the funds received from abroad in March 2019, before the Covid pandemic.

For the first quarter of 2022, the funds received from the diaspora amounted to 39.7 million euros. This is 260 million euros less than in the same period of 2019. Most money comes from Germany, the United States, Spain and Greece.

According to the World Bank, remittances from other countries in Southeast Europe to relatives after the pandemic are not only not decreasing, but even increasing.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Dozens of people donate blood in Sofia for the victims of the Kočani tragedy

Dozens of people have responded to the call of the Pirogov Emergency Hospital in Sofia to donate blood in support of the victims of the fire in Kočani, North Macedonia. The campaign is organized by the Bulgarian Red Cross. It will..

published on 3/17/25 4:39 PM

The government will try to regulate the prices of 22 food products

Rules for mark-ups in stores and regulated prices for 22 basic food products are provided for in a new draft law, which was presented today at the Ministry of Agriculture and Food. "As a government, we are obliged to take care of..

published on 3/17/25 4:12 PM

Citizens of Pernik hold protest calling for maximum sentences for animal abusers

A protest was held in the city of Pernik against animal abuse and for maximum sentences for two residents of the city, Gabriela Sashova and Krasimir Georgiev, who killed animals in a particularly cruel way. They filmed their actions..

published on 3/17/25 3:19 PM