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.
The European Public Prosecutor's Office (EPPO) in Sofia has filed an indictment with the Sofia District Court against the manager and owner of a company suspected of fraud in a public procurement procedure to the tune of €4.5 million (BGN 8 838 308)...
Deepening the strategic partnership between the United States and Bulgaria should be a top priority for bilateral cooperation between our new administrations, Prime Minister Rosen Zhelyazkov told US Vice President J.D. Vance, with whom he had a brief..
Bulgaria’s Minister of Energy Zhecho Stankov met, in Washington, with Laura Lochman, US Acting Assistant Secretary of the Bureau of Energy Resources. The two discussed the construction of a vertical gas corridor for diverse and sustainable gas..
Bulgaria is participating at the Lisbon Food Affair (LFA) – the largest food trade fair in Portugal, which opened today and will run until..
From February 10 to 22, the largest NATO military exercise of the year, Steadfast Dart - 2025 (STDT25), will be held in the areas of the Tsrancha..
By the end of September, Bulgaria will receive eight F-16 Block 70 fighter jets, Minister of Defence Atanas Zapryanov has told Nova..
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