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 will range from 13 to 19 °C . In Sofia, it will be 15 °C. Sunny weather will prevail with temporary cloud cover increasing in the afternoon. Maximum temperatures will rise to between 28 and 33 °C. In the capital, it will..
A global leader in the production of robotic and minimally invasive surgical equipment has officially opened a new manufacturing facility in Parvomay , Plovdiv Province, as part of its planned expansion in Europe, BNR Plovdiv reports. The American..
'It is blatantly untrue that the contract with the Turkish state-owned company Botas is not being put into use." President Rumen Radev stated this to journalists at the Krumovo Air Base. The terminal in Alexandroupolis has not been operational..
Bulgarian students won four medals at the International Chemistry Olympiad (IChO). They earned one gold, one silver and two bronze medals at the..
Two helicopters from the Bulgarian Air Force are participating today in the firefighting operations in the Rila Monastery area . A Mi-17 helicopter with a..
Bulgaria’s candidate for judge at the Court of Justice of the European Union , Associate Professor Alexander Kornezov, has been approved , lex.bg..
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