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.
There is chronic shortage of personnel in the wine sector, producers from Plovdiv say. Fewer young people want to work as technologists. The industry fears that the profession may disappear in the future. Annually, about 250..
President Rumen Radev participated in the opening of a discussion on the future of the judiciary, which is being held in Sofia. The forum is organized by the Bulgarian Institute for Legal Initiatives. In his speech, the President..
Bulgaria’s Minister of Interior Minister Daniel Mitov announced with a post on the social networks that the General Directorate for Combating Organized Crime is working on identifying websites selling vapes with drugs. "They are looking for a..
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..
Mostly Cloudy
Cloudy
Значителна облачност със сняг
Partly cloudy, chance of snow