Assets of investment funds operating in Bulgaria have decreased by nearly 75 million euros in the last three months, it was reported. The decline is the result of lower exposure to foreign funds, but it is not clear whether this was caused by withdrawal of funds by depositors or it was the effect of the stock market decline after Brexit. At the end of June foreign funds in Bulgaria had 690 million euros of assets, while three months earlier they had 105 million euros more. For the same period assets of locals funds have grown by 30 million euros. The total sum that investment funds manage in this country reaches 1.12 billion euros at the end of June. This shows nearly 1% of growth yoy.
“We shall submit a budget for stabilizing public finance,” Prime Minister Rosen Zhelyazkov said at a briefing at the Council of Ministers building. “I have full support and I am certain that GERB will give its solid support to this budget with a..
We do not expect there to be any significant changes in the expenditure section of the budget for 2025, but the capital programme will be amended, Petar Mishev from the Institute for Social and Trade Union Research at the Confederation of..
The Bulgarian Ministry of Foreign Affairs is urging the Bulgarian citizens on the Greek islands of the Cyclades, who have decided not to leave the seismic zone, to get in touch with the Bulgarian embassy in Athens and to provide contact information..
Nuclear physicist Vasil Gurev fell into a deep ice crevasse during geophysical scientific research on the Contell Glacier in Antarctica, near the..
Bulgaria’s Minister of Interior Minister Daniel Mitov announced with a post on the social networks that the General Directorate for Combating Organized..
"We need drones for aerial surveillance so we don’t have to use helicopters and airplanes to monitor the Bulgarian waters", said one of the..
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