Bulgaria's economy is performing better than in EU countries, is the opinion of the creator of the Bulgarian currency board, Professor Steve Hanke. Improvement this year is seen also in the quality of loans in the banking system.
More from an interview he gave for Radio Bulgaria:
The residential real estate market in Sofia in the second quarter of 2024 remains stable and active. Despite forecasts for a possible lull, the trends show a rise in prices and a significant increase in demand. This is shown by an analysis of one..
Sofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes writes. The survey takes into account factors such as average cost of living, retirement savings needed, and a variety of..
The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..
Partly Cloudy
Partly cloudy, chance of rain
Clear
sunshine, cloud, rain and thunder
Mostly Cloudy