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.
.Customs officials have seized a record 120 kg of gold at the Kapitan Andreevo checkpoint on the border with Turkey. Gold bars, coins and jewellery were seized. The driver, a Bulgarian national, was arrested and charged. Another man with Bulgarian and..
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 Defence Ministry said. The accident occurred during preparations for tomorrow's demonstrations to..
Bulgaria has always been open to dialogue with North Macedonia and expects that this dialogue will contribute not only to our cultural rapprochement, but also to the strengthening of economic cooperation. We expect that this dialogue will finally..
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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