Bulgaria’s commercial banks are less interested in attracting new deposits, banking expert Victor Yotsov told the Bulgarian National Radio. In Mr Yotsov’s words, the Bulgarian National Bank may reduce its interest rate on deposits even further and the banks may have to start paying more for the excessive amount of deposits. The liquidity of the Bulgarian banks is very high. That is why most of them are not interested in attracting more capital in bank deposits. The banks experience difficulties in supplying the huge amount of money they keep in deposits. However, the interest on bank deposits would not become negative. Otherwise, people would withdraw all their money from the commercial banks, if they are obliged to pay interest just to keep their money in banks, Victor Yotsov further said.
Prominent journalist Ivan Garelov has passed away at the age of 81. The TV anchor and author of emblematic political TV programmes died this morning at the neuro intensive care unit of the Pirogov emergency hospital in Sofia where he was transported..
As a result of the enhanced dialogue and actions by the competent bodies in Bulgaria and Turkey, a 70% drop in the migrant flow has been registered, the Interior Ministry’s press service has announced. Caretaker Minister of Interior Atanas Ilkov..
In just one day 500 Bulgarians accessed their health records on their mobile telephones using the application eZdrave (eHealth), the Ministry of Health has announced. As of 1 September patients have access to their electronic health records without..
Bulgaria’s Defence Minister Atanas Zapryanov confirmed that Bulgaria has sent Ukraine Gvozdika self-propelled artillery systems, public service TV BNT..
As a result of the enhanced dialogue and actions by the competent bodies in Bulgaria and Turkey, a 70% drop in the migrant flow has been registered,..
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