Bulgarians working abroad have sent a record EUR 1.32 billion to their relatives in the country in 2023, official Bulgarian National Bank (BNB) statistics show.
Compared to 2022, that is an increase of 25%. This means the sumtotal of the money invested in domestic consumption by Bulgarians working abroad has exceeded the pre-pandemic EUR 1.2 billion sent in 2019, after which, due to the closure of economies, the money sent to Bulgaria from abroad went down to EUR 400 million in 2020, and to EUR 161.1 million in 2021. The BNB points out that their statistics only cover transfers of over EUR 2,500, and do not register cash payments. According to experts, if cash payments are included that would boost the money sent to the country by 25%, as compared to BNB data.
The National Assembly passed changes to the Law on the State Agency for National Security (SANS) at first and second readings. According to the amendments, the chairman of the State Agency for National Security will be elected by Parliament upon..
"We must stand on historical truth in order to build good neighborly relations with North Macedonia", said Bulgaria’s President Rumen Radev at Sofia University during the presentation of a prototype edition of the "Macedonian Almanac''. The first..
No significant change in the weather is expected over the next 24 hours. It will remain cloudy with widespread and, in many areas, heavy rainfall. It will snow above 600-800 meters. By the end of the day, the rain in the southwestern regions will..
The European Commission will announce next month the amount under the Recovery and Resilience Plan (RRP), the payment of which may be withheld if the..
''I apply the best British practices for the development of science communication in Bulgaria'', said Lyubov Kostova, Member of Board Trustees of..
On Tuesday, Bulgaria will experience cloudy and rainy conditions , with prolonged and heavy rain expected in the eastern and northern regions. In the..
Overcast, rain
Occasional showers
Rain