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.
.The documentary film "The Heart of the Other Bulgaria" by journalist Milena Milotinova had its premiere at the Central Military Club in Sofia. The film is dedicated to the 30th anniversary of the State Agency for Bulgarians Abroad. The documentary is..
Exhibitions of traditional rugs and clothing from the beginning of the 20th century, a bazaar of handicrafts and agricultural products, a competition for the best home-made rakia and a rich music program are part of the first day of..
The 13th International Festival for Street and Puppet Theater "Puppet Fair" opens at the Sofia Puppet Theater (14 General Gurko Street). The festival, which will run until September 21, is non-competitive. Professional theatres from the country 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..
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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