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.
Residents of Bulgaria’s town of Pernik (Southwest Bulgaria) are ready to launch protests over the investment proposal of a Sofia-based company for construction of facilities for processing hazardous chemical waste in their town. The site of the future..
On February 21 and 22, Sofia hosts the 21 edition of the annual National Student Festival of Spanish Theater. Twenty theatergroups from 14 Spanish language high schools from all parts of Bulgaria participate at the festival. The programme includes..
The director of the Bobov Dol TPP, Emil Hristov, was detained by the police for 24 hours, the BNR has learned. According to unconfirmed information, a pre-trial proceeding has been initiated by the prosecution. More than a week ago, the unlawful burning..
The Holy Synod of the Bulgarian Orthodox Church (BOC) will not send representatives to the summit of autocephalous (self-governing) Orthodox churches to..
Bulgaria's Interior Ministry is monitoring the situation in the country and the capital because of the Lukov March planned for this Saturday in Sofia,..
Bulgaria is the Balkan epicenter of a campaign against Russia, Russian Foreign Intelligence Service (SVR) spokesman Sergei Ivanov said. According to the..
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