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.
.75.3% of Bulgarians identify themselves as Orthodox, 9.9% as Muslim and 11% as not religious. 59.5% say they believe in God and 27.5% do not. The rest are undecided. A fifth of respondents say they frequently attend religious services. These are..
GERB leader Boyko Borissov announced that he is extending a hand to the parties from the former assemblage to seek an option of governance after the elections, the BNR’s reporter Daniel Inkov informed. Boyko Borissov emphasized that pragmatism in..
Before the start of the new school year, the ''Give a Book'' Foundation is collecting notebooks, plimsolls, pencil cases and backpacks filled with school supplies for homes for children deprived of parental care. For 14 years, the foundation has..
Defence Minister Atanas Zapryanov has cancelled the air show at the Graf Ignatievo Air Base after an L-39 ZA military transport plane crashed, the..
The Supreme Administrative Court rejected the appeal of the coalition around Ahmed Dogan - "Democracy, Rights and Freedoms - DPS"..
At a Bulgarian-Chinese business forum in Sofia, President Rumen Radev pointed out the advantages of the business environment in..
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