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.
.President Rumen Radev gave the start to consultations with the parliamentary parties and coalitions before handing over the mandate for forming a government to GERB-SDS, which won the elections . At the beginning of the meeting with..
On today's Midsummer’s Day ( Enyovden ) when according to tradition, herbs picked at sunrise have the greatest healing power, the municipality of Kula and the national community center "Prosveta 1882" invite you to a culinary festival..
Evelin Banev-Brendo, declared an international wanted man, surrendered to the police this morning, the Ministry of the Interior informed. He disappeared after receiving a six-year effective sentence for money laundering. In..
"Our goal is to have a completed motorway linking Sofia and Kulata in 2030," Stoyan Nikolov, a member of the Management Board of the..
Bulgarian Minister of Agriculture and Food, Georgi Tahov, participates today in a meeting of the EU Agriculture and Fisheries Council,..
Evelin Banev-Brendo, declared an international wanted man, surrendered to the police this morning, the Ministry of the Interior..
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