European Parliament Passes Law to Restrict Cash Payments to €10,000
The European Parliament has voted to impose a €10,000 limit on cash payments within the European Union
Bulgarians abroad broke the record by the amount of money they sent to their homeland.
For the first time in history, just over a billion and 100 million euros is the money which migrants transferred to Bulgarian accounts, NOVA reported.
According to statistics, about 80% of the money comes from EU countries. The exact amount is EUR 833 million.
The remaining just over 340 million were sent by Bulgarians living or working in third countries.
Eurostat data also show that Bulgaria ranks fifth in the budget received from expatriates.
Portugal ranks first with just over € 3 billion, followed by Romania, Poland and Croatia.
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