Podcast in English
Text size
Bulgarian National Radio © 2024 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

Market Links survey: GERB remains leading political force, 44% of respondents want early elecions

GERB-SDS would be the leading political force if parliamentary elections were held on August 1, reads a survey of Market Links  commissioned by bTV. The survey was conducted among 1,008 adults in the period July 20- July 28.  GERB-SDS earns the..

published on 8/1/24 10:39 AM

Children from Taraclia embark on an exciting trip to Bulgaria

A group of 14 children from the Taraclia district embarked on an exciting excursion to Bulgaria. They are to visit historical sites in Sofia, including the National Assembly building. The children will also visit the Rila Monastery and the town of..

published on 8/1/24 10:18 AM
Ivan Kondov

Deputy Foreign Minister Ivan Kondov: Constitutional changes in North Macedonia also depend on Belgrade

''We are actively informing the EU member states about the systematically imposed institutional and extra-institutional pressure on Bulgarians in North Macedonia. We are raising the issue of non-compliance with the Treaty of Friendship, Good..

published on 8/1/24 9:49 AM