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 Parliamentary Assembly of the Council of Europe (PACE) has decided to end its monitoring of Bulgaria, with 101 votes in favour, 3 against, and 1 abstention. Speaking from the parliamentary rostrum, Stanislav Balabanov of the “There Is Such a..
A market study will soon be launched, followed by a competitive tender for Bulgarian developers to supply various types of drones for the Ministry of Defence. This announcement was made by Tomislav Donchev, the Deputy Prime Minister and Minister of..
A Bulgarian citizen, part of the Gaza-bound aid flotilla, is among those detained by Israel, according to a post on the official social media channel of the flotilla. The Israeli Navy intercepted boats from the Global Sumud Flotilla...
Emergency measures have been introduced in the Elenite holiday village due to expected rainfall on Monday. While cleanup continues following the..
''I apply the best British practices for the development of science communication in Bulgaria'', said Lyubov Kostova, Member of Board Trustees of..
On October 6 and 7, Plovdiv is hosting the 9 th UN Tourism Global Conference on Wine Tourism. The event is organized by the Ministry of Tourism in..
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