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.
.Regardless of what government GERB leader Boyko Borissov proposed, "We Continue the Change" (PP) will be a clear and constructive opposition to the government. This was announced by the co-chairman of PP, Kiril Petkov on Facebook in a..
The leader of the GERB party, which is the winner of the elections for National Assembly, Boyko Borisov, has warned that this is not the time for ultimatums and anger. "It's time for the state," he said at his first press conference..
After 6 months of analyzes and inspections, the Ministry of Environment allowed the completion of the "Struma" highway along the route through the Kresna Gorge. Earlier, the courts also rejected requests of green organisations for a..
I have good news for the voters of "We Continue the Change" - "Democratic Bulgaria". Without our participation in the consultations GERB leader Boyko..
Bulgaria is among the countries in Europe where the tiger mosquito, which carries viruses such as dengue and zika, has become established. This was..
By midnight, the rain will stop, the clouds will break and in the morning the sky will be mostly clear across the country. The moderate northwesterly..
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