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.
.If the early parliamentary elections were held in early October and the respondents' declarations were fulfilled, the first political force with 25.7% of the votes would be the GERB-SDS coalition. This is according to a survey by polling agency..
Caretaker Prime Minister Dimitar Glavchev represented Bulgaria at the summit meeting within the framework of the "Berlin Process" in the German capital. The meeting took place in the format of leaders of the countries of the Western Balkans and of..
Yordan Valchev, Chairman of the Board of the Road Infrastructure Agency (API), has signed a contract for the design of the Montana-Sofia expressway , which includes a tunnel under the Petrohan mountain pass. The contract, awarded to Transconsult-22 Ltd,..
Over one hundred leading scholars from three continents will participate in the 16th International Conference of the International Association for the..
15 October is International White Cane Day . It raises awareness of the challenges faced by blind and partially sighted people and, in particular, their..
President Rumen Radev expressed doubts whether the current Supreme Judicial Council (SJC) could meet the high public expectations when electing a new..
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