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.
In line with European attitudes, 86% of Bulgarians believe that spending on experiences is always justified, according to a study by Mastercard in Europe, conducted among 16,141 users from 20 countries, investor.bg reports. 35% of..
There is no work done by the military intelligence related to the co-chairman of the parliamentary group of "We Continue the Change - Democratic Bulgaria" Atanas Atanasov. This was what the Minister of Defense Todor Tagarev told BNT...
On Friday, the weather in Bulgaria will be mostly sunny. There will be weak wind in the eastern parts, stronger winds in the western half of the country. Daytime temperatures will be on the rise - highs will reach 21°C to 26°C, in Sofia – around..
The government has designated three Bulgarian carriers to operate international flights between Bulgaria and China. Compass Cargo Airlines will..
The NSI data on inflation in the country are not and cannot be manipulated, as the National Statistical Institute is is subject to monthly inspection by..
On Thursday, minimum temperatures in Bulgaria will be between 7 and 12°C, 8°C in Sofia. Around midday, there will be variable cloudiness with sunny..
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