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.
T he Federation of Consumers in Bulgaria, the movement “The system is killing us” and the Allied Pensioners Unions have called for a boycott of the high prices in food chains on 13, February, following the example of Croatians. The government is..
The Economist magazine is holding a forum today in Sofia dedicated to the development of the Bulgarian economy. The event brings together representatives of state institutions, business and the banking sector, diplomats. The guest..
Diplomats from the Bulgarian Embassy in the Republic of North Macedonia and the Bulgarian Consulate General in Bitola , representatives of the Bulgarian Cultural Information Centre in Skopje and representatives of the Bulgarian community in North..
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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