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.
On Wednesday, minimum temperatures in the country will be between 9 and 14°C, 12°C in Sofia. During the day, sunny skies are expected, with some clouds developing in the west, until rain starts to fall before the end of the day. Highs will range from..
The MPs obligated the supervisory board of the National Social Security Institute to support the revaluation of pensions by 11% as of 1 July this year. Such a decision had already been approved by the supervisory board but one of the..
Ventsislav Velev who is in the 11 th grade in the Baba Tonka high school of mathematics in Russe won the silver medal at the International Philosophy Olympiad in Helsinki , with only two students – the gold medalists from Germany and China – ahead..
There will be no significant rise in the price of electricity for household users, said caretaker Energy Minister Vladimir Malinov. Kozloduy..
The European Commissioner for Agriculture Janusz Wojciechowski will be on a working visit to Bulgaria on May 21. His program includes meetings in..
The caretaker cabinet has provided almost 80 million Leva (EUR 40 million) in additional funding for salaries for public universities , the government..
+359 2 9336 661