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.
The autumn session of the National Assembly is expected to be busy. Before the first working day after the summer recess, the Parliament’s Deputy Speaker and GERB-SDS MP Rositsa Kirova told journalists that she hoped the upcoming elections would be..
Unforgettable experiences with fresh beer, specially developed alcoholic and non-alcoholic beer cocktails, favorite Bulgarian and foreign hip-hop and rock hits and Bulgarian folklore and delicious appetizers are promised by the municipality of Stara Zagora..
The first and only nuclear power plant in Bulgaria ‘’Kozloduy’’ was officially opened on September 4, 1974. It is also the first nuclear power plant in Southeastern Europe. However, the beginning of Bulgaria's nuclear energy sector was marked on July..
Bulgaria’s Defence Minister Atanas Zapryanov confirmed that Bulgaria has sent Ukraine Gvozdika self-propelled artillery systems, public service TV BNT..
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Unforgettable experiences with fresh beer, specially developed alcoholic and non-alcoholic beer cocktails, favorite Bulgarian and foreign hip-hop and rock..
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