The profits of Bulgarian banks continue their rise. In mid-2019 profits in this sector amounted to 469 million euro, which is 14.6 percent up on last year, the Bulgarian National Bank, BNB says.
The level of non-performing loans is going down. At the end of June they constituted 7.2 percent, compared to 7.4 percent during the first quarter of 2019. Credits amount to a total of 32 billion euro. There is an increase in loans with households as well as businesses. The Bulgarian National Bank warns that there is a big appetite for credit, but that banks should be cautious when they grant loans and avoid taking excessive risks. The increased debt securities portfolio is seen as a positive indicator. Despite their low profitability they are a very safe investment for banks.
54% of employees in Bulgaria say they are looking for a new job while they are in their current position , and the main reason for this is the pursuit of a higher salary. This is according to a survey by a Bulgarian start-up company that connects..
The Cabinet's decision to establish a private children's hospital, which was cancelled last night, was taken under conditions of an information blackout, lawyer Mariya Sharkova, a member of the Public Council for the Construction of a National..
At 11 AM on Maundy Thursday, in St. Nedelya square, the Sofia Metropolitanate is organizing the traditional painting of Easter eggs for children from Sofia schools and kindergartens. This will be followed by a procession to St. Sophia church...
In May, natural gas will cost 54.70 Leva (EUR 27.93) per MWh, excluding the cost for access, transit, excise and VAT, the Energy and Water Regulatory..
For the first time Bulgaria has a specific deadline for joining the Organisation for Economic Co-operation and Development (OECD), caretaker Premier..
A decision of the government from its meeting on April 30 to give the green light to the construction of a private general hospital..
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