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.
There were no significant changes in the human rights situation in Bulgaria during the year, reads the US Department of State’s 2023 Country Report on Human Rights Practices. ''Significant human rights issues included credible reports of: torture or..
There is systematic racial and ethnic violence and discrimination against Bulgarians in the Republic of North Macedonia. This is stated in the State Department's report on human rights in 2023, BGNES reported . The document refers to the beatings..
The Bulgarian Academy of Sciences’ Institute of Solid State Physics is officially celebrating 50 years since the invention of the copper bromide vapor laser today. This laser is a Bulgarian invention, launched for the first time by Academician..
For the early parliamentary elections in Bulgaria and the elections for European Parliament, which will be held on June 9, at this stage it is planned to..
On Tuesday the minimum temperatures in Bulgaria will be between 6 and 11°C, in Sofia - about 7°C. During the day it will be cloudy and rainy. In western..
Caretaker Prime Minister Dimitar Glavchev has proposed to President Rumen Radev changes in the composition of the caretaker cabinet , the government..
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