The sum total of profits in the Bulgarian banking system stood at 386.5 million euro at the end of June, figures from the Bulgarian National Bank suggest. This accounts for a 115 million euro rise compared to the first six years of last year. Liquidity in the banking system continues to increase and at the end of June liquidity assets showed a coefficient of 36.64 percent which is much higher than the required level. Bank deposits of households and enterprises continue to grow, though interest rates have been falling.
Staff shortages are worsening as more hotels and restaurants open in coastal resorts and staff demand better conditions and pay, according to Pavlin Kossev, chairman of the Varna branch of the Bulgarian Hotel and Restaurant Association. This is..
On Thursday, after the expected overnight precipitation in the morning, the minimum temperatures will be 10 to 15°C. In Sofia it will be around 11°. Clouds will be more frequent during the day. In some places, especially in southwestern Bulgaria and in..
A draft law has been prepared with the aim of regulating the relations along the entire chain from food producers to buyers. It proposes markup limits, to which both producers and traders would be entitled, announced Bulgaria’s Minister of..
EUR 87 million under the operational programme Transport Connectivity, earmarked for the Russe-Veliko Tarnovo motorway is being redirected to the Europe..
Bulgarian Ambassador to the United States Georgi Panayotov and Raycho Raychev, founder and CEO of the Bulgarian company EnduroSat , met with experts..
The prehistoric complex "Provadiya-Solnitsata" - the oldest salt production and urban centre in Europe (5600 - 4350 BC) - is among the sites nominated..
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain