The profits of Bulgarian banks continue their rise. In mid-2019 profits in this sector amounted to 469 million euro, which is 14.6 percent up on last year, the Bulgarian National Bank, BNB says.
The level of non-performing loans is going down. At the end of June they constituted 7.2 percent, compared to 7.4 percent during the first quarter of 2019. Credits amount to a total of 32 billion euro. There is an increase in loans with households as well as businesses. The Bulgarian National Bank warns that there is a big appetite for credit, but that banks should be cautious when they grant loans and avoid taking excessive risks. The increased debt securities portfolio is seen as a positive indicator. Despite their low profitability they are a very safe investment for banks.
No arrests have been made for last night's riots in front of the Ivan Vazov National Theater in Sofia during a protest against the new prodution "Guns and the Man", directed by John Malkovich. This was announced to BNT by the Minister of Internal..
Athens: Tirana must respect the rights of its Greek minority to join the EU Greece has warned Albanian Prime Minister Edi Rama that respect for the rights of the Greek minority in Albania remains an explicit condition for Tirana's EU accession. Rama..
GERB leader Boyko Borissov has called on the presidential institution to apologize for the position expressed by Vice President Iliana Iotova, questioning the legitimacy of the early elections on October 27, if not - to withdraw the decree for convening..
2.5% is the necessary effort that our country must make in terms of defence spending, caretaker Minister of Defense Atanas Zapryanov..
A protest organized by nationalist organizations in front of the Ivan Vazov National Theatre last night against the premiere of Bernard Shaw’s play..
On Friday, there will be fog in the valleys. The lowest temperatures will range between minus 5°C and 0°C, for Sofia around minus 3°C. It will be sunny..
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