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.
The 23rd South-West International Folklore Festival "Peace on the Balkans" unites dance groups from across Bulgaria, bringing them together in the town of Dupnitsa from May 30 to June 2. According to the regulations of the non-competitive event,..
On Tuesday, lows will be between 7 and 12°C, 8°C in Sofia. During the day, rain will start to decrease from the north to central and eastern Bulgaria, but will continue in southern Bulgaria. Maximum temperatures will be 17-22°C, lower in the south-east..
A new complex in the village of Samoranovo, which includes a prison without bars based on the Norwegian model, a training center for prison officers, etc. was unveiled to the public today, 16 months after the first sod. The prison, built under the..
A new complex in the village of Samoranovo, which includes a prison without bars based on the Norwegian model, a training center for prison officers, etc...
On April 27, volunteers from a total of 465 locations throughout Bulgaria took part in the eighth edition of the "Let’s Count the..
On Tuesday, lows will be between 7 and 12°C, 8°C in Sofia. During the day, rain will start to decrease from the north to central and eastern Bulgaria,..
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