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.
"I hope that the politicians in North Macedonia have understood that the election campaign is over and if their destructive rhetoric and behaviour turns into real actions, it means pushing their country towards isolation and away from the EU, which is..
The National Assembly will hold an extraordinary sitting at 1 pm on May 21, the Parliament’s presiding body decided. MPs will hear caretaker Premier Dimitar Glavchev regarding the upcoming increase in pensions from July 1. The request for the..
63% of Bulgarians over the age of 18 say democracy is the best form of governance, 19% hold the opposite view, indicates a survey by Trend agency, commissioned by Open Society Institute – Sofia. In 2023, trust in democracy is up compared to 2018 when..
Bulgaria is ahead of many countries in the world in terms of representation of women in parliament, as well as in high positions in the corporate sector..
In the presence of cabinet ministers, politicians, mayors and diplomats, President Rumen Radev opened the summer tourist season in Bulgaria's seaside..
Nearly 73% of Bulgarians did not visit a library, and 40 percent did not read a single book last year , according to a study by Alpha Research, announced..
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