The performance of Bulgaria’s banking sector has been improving for the fourth consecutive year. Credit activity is among the main factors that contributed to the economic growth in this country, which is one of the highest in the whole EU. The indicators of the Bulgarian banks have improved, including profitability. The volume of bad loans has decreased, the Governor of the Bulgarian National Bank Dimitar Radev said in an interview for Nova TV. Dimitar Radev also pointed out that basic indicators such as capital adequacy and liquidity are above the EU average. The Bulgarian economy and banks are expected to remain stable in 2020, regardless of the unfavorable external environment. In Dimitar Radev’s view, the 3%-3.5% economic growth projected by the Bulgarian government for 2020 is realistic.
Italy supports Bulgaria's full-fledged membership in the Schengen area, Italian President Sergio Mattarella said. Mattarella is on a two-day visit to Bulgaria at the invitation of President Rumen Radev. The two discussed the development of relations in..
On 16 April 2024, the Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Iran to Bulgaria Mr. Alireza Irvash was summoned to a meeting at the Ministry of Foreign Affairs on the occasion of Iran’s attack on Israel on 14 April..
European Commissioner for Home Affairs Ylva Johansson and Romanian Deputy PM and Minister of Interior Cătălin Marian Predoiu are arriving today on a working visit to Bulgaria. The visit comes at the invitation of the Minister of..
The MPs from the National Assembly Energy Committee have postponed by one year the full liberalization of the electricity marker. According to the..
On Wednesday, minimum temperatures in the country will be between 13 and 18°C, with 13°C in Sofia. Lower temperatures are expected in north-western..
Caretaker Prime Minister Dimitar Glavchev has proposed that Kiril Vatev be dismissed as Minister of Agriculture and Food and that Georgi Tahov be..
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