Bulgaria ranks fifth in the EU when it comes to bad credit loans, which reached 12.1 percent of all loans as of June last year at the backdrop of an average EU level of 4.6 percent. This is what a report by the European Commission shows, as quoted by Sega Daily.
The EC has criticized Bulgaria several times over the issue, forcing banks to take urgent measures to clear their bad portfolios. According to data of the Association of Banks in Bulgaria as of September 2017, non-performing loans declined to 11.7 pertcent. In financial terms this amounts to over 3.3 billion euros.
The top positions in the bad loan chart go to Greece with 46.9 percent, followed by Cyprus with 33.4 percent, Portugal with 15.5% and Italy with 12.2%.
The number of healthcare specialists in Bulgarian hospitals is drastically decreasing. According to data presented during the National Meeting of Nurses on July 10 in Sofia, the number of healthcare professionals in Bulgarian hospitals has decreased..
The Bulgarian Socialist Party (BSP) will not participate in talks with the Movement for Rights and Freedoms (DPS) for the second cabinet-forming mandate, the party's press centre said. The position of BSP is addressed to the chairman of the..
The Chairman of the GERB-SDS Parliamentary group, Boyko Borissov, sent an official refusal to the Movement for Rights and Freedoms (DPS) and confirmed the coalition's position that they will not participate in negotiations to form a government with..
The start of the major repair of the Danube Bridge near Ruse is the reason for a serious conversation about the connectivity between..
The Chairman of the GERB-SDS Parliamentary group, Boyko Borissov, sent an official refusal to the Movement for Rights and Freedoms (DPS) and confirmed..
During a discussion with US President Joe Biden at the 75 th anniversary NATO summit in Washington DC, Bulgaria’s caretaker Prime Minister Dimitar..
Clear
Partly Cloudy