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.
.Thursday will be mostly sunny. Here will be light easterly wind. The highest temperatures will be between 26° and 31°C; in Sofia – around 27°C. It will be mostly sunny in the mountains , with some cumulus clouds in the..
"Our world is facing a number of complex problems, from the unprecedented challenge to global peace and security to the escalating climate crisis and ongoing inequalities", President Rumen Radev said in his address to the UN General Assembly,..
The Central Election Commission held a draw to determine the order in which the parties and coalitions will appear on the ballot for the early parliamentary elections on October 27. GERB-SDS will participate in the elections under № 18, the Alliance..
The Central Election Commission held a draw to determine the order in which the parties and coalitions will appear on the ballot for the early..
"It's about time." Thus succinctly President Rumen Radev commented from New York on the possibility that on October 10 of this year a proposal be..
Starting October 11, 2024, a Turkish shipping company will operate a ferry connection between Istanbul and Burgas. It will mainly..
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