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 Saturday, minimum temperatures in the country will be between 2 and 7°C, in some valleys in the south-east 0°C, in Sofia 2°C. During the day there will be cloudy weather with heavy precipitation in the eastern areas. In the western part of the..
At an extraordinary meeting, the National Assembly examines the report of the temporary parliamentary committee on the agreement between the state gas supplier Bulgargaz and Turkish energy company Botas. However, the conversation moved into the..
Caretaker Minister of Foreign Affairs Stefan Dimitrov stated that he remains in office until there is a presidential decree for his release. We recall that his replacement was requested by the caretaker PM Dimitar Glavchev a week after taking..
Italy supports Bulgaria's full-fledged membership in the Schengen area, Italian President Sergio Mattarella said. Mattarella is on a two-day visit to..
Bulgarian Caretaker Prime Minister Dimitar Glavchev has met with the Prime Minister of the Netherlands Mark Rutte , the press service of the Council of..
The Bulgarian Socialist Party will send the parliamentary report on the gas contract with the Turkish state-owned energy company Botas to the..
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