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.
The start of the major repair of the Danube Bridge near Ruse is the reason for a serious conversation about the connectivity between Bulgaria and Romania. Along the 409 km long border, there are just two bridges and 5 ferries, some of..
Vazrazhdane and There Is Such a People (ITN) are to submit, to the National Assembly, a draft decision for the holding of a referendum on preserving the Bulgarian Lev, said Vazrazhdane MP Tsoncho Ganev. This is an initiative which the previous..
Answering a question in parliament, caretaker Minister of Culture Maestro Nayden Todorov stated that the National Culture Fund has a staff of only 11, people who have to distribute millions of euro for culture under the Recovery and Resilience Plan...
The largest archaeological campaign ever conducted on Perperikon has begun, BTA reports. Prof. Nikolay Ovcharov, head of the research at..
After 17 MPs from the Movement for Rights and Freedoms, MRF, were expelled, among them the party’s other co-chair Dzevdet Chakarov, MRF MP Ahmed..
Greece’s Minister of Defence Nikos Dendias announced that Greece, Bulgaria and Romania are to establish a military mobility corridor in NATO’s Eastern..
+359 2 9336 661