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 Friday, the weather in Bulgaria will be mostly sunny. There will be weak wind in the eastern parts, stronger winds in the western half of the country. Daytime temperatures will be on the rise - highs will reach 21°C to 26°C, in Sofia – around..
The European Public Prosecutor's Office in Sofia has conducted searches at two hotels in a Bulgarian ski resort as part of an investigation into fraud involving EU subsidies for Covid-19, reports BNR's Brussels correspondent Angelina Piskova. The money..
Bulgaria's President Rumen Radev has started consultations with the candidates for caretaker prime minister. President Radev hands ITN the third cabinet-forming mandate, they hand it back to him unfulfilled Under the constitutional changes from..
The European Commission has closed the investigation of a public procurement for the supply of Chinese trains to Bulgaria. This happened after the..
''We will return the government-forming mandate unfulfilled'', We Continue the Change-Democratic Bulgaria Co-chairman Kiril Petkov said for bTV...
The three regions in the European Union with the highest standardised death rate in 2021 were all in Bulgaria, EU statistics agency Eurostat said. In..
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