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.
Caretaker Minister of Education Galin Tsokov has assured that the nearly 20 million euros earmarked in the budget for higher education will be transferred to the universities tomorrow, CITUB President Plamen Dimitrov told BNR. In..
Caretaker minister of tourism, Evtim Miloshev, predicts that the number of tourists in this country will grow by at least 10% during the summer season. "According to data from the European Travel Commission for the first three..
The capital's mayor, Vasil Terziev, recalled the commitment to have at least one working lift on Vitosha by the end of his term in 2027. At a briefing on the non-working facilities in the mountain, he stated that there is no way one..
There will be no significant rise in the price of electricity for household users, said caretaker Energy Minister Vladimir Malinov. Kozloduy..
On Monday , the cloudiness will remain significant and there will be rainfalls in the western half of the country. By the evening the..
The European Commissioner for Agriculture Janusz Wojciechowski will be on a working visit to Bulgaria on May 21. His program includes meetings in..
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