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.
Bulgaria has received its fourth air ambulance helicopter. “The new aircraft will be based at the Georgi Benkovski Air Force Academy hangar in Dolna Mitropolia. From there, it will serve a wide regional area and make a significant contribution to the..
The Bulgarian National Radio will host the 2025 Public Broadcasters International (PBI) Annual Conference . The prestigious forum will be held from 20 to 22 October for the first time in the Bulgarian capital Sofia. The theme of the PBI..
Plamen Dimitrov, president of Bulgaria’s largest trade union, the Confederation of Independent Trade Unions in Bulgaria (CITUB), has warned of a potential shortfall of around 17–18 billion leva (EUR 8.7–9.2 billion) in next year’s draft budget...
On Tuesday , the lowest temperatures will be between 2 and 7°C. In the valleys and high fields the temperature can drop to minus 2°C;..
Bulgaria, Greece and Romania have finalized a memorandum for joint cooperation on new transport projects, said European Commissioner for..
The European Public Prosecutor’s Office has carried out searches in the Municipality of Plovdiv and in a company suspected of public..
Mostly Cloudy
Partly cloudy, chance of rain