The Bulgarian National Bank has said that at the end of February 2016 deposits of the non-governmental sector in the Bulgarian banking system were to the tune of 63.947 billion leva /32.88 billion euro/ or 70.4% of the GDP equal to an annual growth of 8.3%. In the meantime, bank deposits of households and the non-profit organizations that service them amounted to 42.902 billion leva /22 billion euro/ or 47.3% of GDP tantamount to an annual growth of 6.7%. For the same period bank loans of the two categories of bank customers saw an annual decrease of 2% and 1.7% respectively.
Bulgaria has submitted a request for an extraordinary convergence report based on the understanding that the country meets the criteria for entering the Eurozone, Prime Minister Rosen Zhelyazkov said at the opening of a new production facility in..
Artificial intelligence is now built entirely from classical computers with algorithms, while artificial intelligence based on quantum computers will be much faster and more functional , says doctoral student Ivo Mihov from the Center for Quantum..
The Bulgarian Sunday school "Priest Alexander Cikirik" in the town of Edirne close to the Bulgarian-Turkish border is now attended by 55 children. It was opened in 2017 at the Consulate General of Bulgaria. In one school year, the children there..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President..
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security..
Cloudy
Fog