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 was co-pilot in an F-16 fighter piloted by an Italian pilot. The demonstration flight from the Graf Ignatyevo airbase lasted 40 minutes. "The F-16 flight took me back to 2005, when General Clark, then a captain, and I flew..
''Our aid is being used on the front line as combat equipment and ammunition on the territory of Ukraine'', caretaker Minister of Defense Atanas Zapryanov told BNT regarding the military aid that Bulgaria provides to Ukraine. '' Everything we have..
Bulgaria’s Deputy Minister of Foreign Affairs Elena Shekerletova and the newly-appointed British Ambassador to Bulgaria, Nathaniel Copsey, praised the state of bilateral relations between Bulgaria and the United Kingdom. They committed to deepening..
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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