By the end of December 2019, the interest rates on twelve month deposits amount to 0.2%. Interest rates on bank loans were to the tune of 4%. However, adjusted with the annual inflation (3.8%) the interest rate on twelve month bank deposits was negative to the tune of -3.6% and the interest rate on bank loans was close to zero, data of the Bulgarian National Bank show. People lose part of their savings due to the low interest rates and bad management of their personal finance, the credit expert Tihomir Toshev told the Bulgarian National Radio. All bank deposits up to EUR 100,000 are guaranteed by the state. That is why the Bulgarians are not looking for alternative financial instruments despite the low interest rate, Tihomir Toshev further said.
.Clouds will break and decrease overnight, except in eastern Bulgaria. Light to moderate winds will blow from west-northwest. On Friday, 24 May, the weather will be mostly sunny before noon . Cumulus clouds will cover the skies over mountainous..
''My message to the President of the Republic of North Macedonia is that Bulgaria expects a prompt change of rhetoric and an end to hate speech", President Rumen Radev told journalists in Rome. "The Republic of North Macedonia must demonstrate that..
The association "Angels on the Road", uniting families who lost their loved ones in road traffic accidents, held a motorcade and a pedestrian march in Sofia under the slogan "STOP lawlessness on the roads". They were supported by a number of NGOs...
Twenty-six people have been detained in a police operation in Hristo Botev residential district in Sofia. The operation is against vote buying for the..
On Thursday , the lowest temperatures in the country will be between 11 and 14°C; in Sofia about 12°C. During the day, there will be..
Since the beginning of 2024 until 21 May, 22 people have died at work from heart attacks and strokes, reports BTA citing data from the General Labour..
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