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.
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President Rumen Radev has arrived on an official visit to Vietnam . This is the first visit of a foreign head of state since the new President Leung Cuong took office in October this year. President Rumen Radev meets the Bulgarian community in..
The Economic and Social Council of the Republic of Bulgaria strongly criticizes the bill tabled by Vazrazhdane party on the registration of foreign agents submitted to the National Assembly. In a resolution, the Council described the proposals as..
An average of seven unemployed people are competing for one job across the country in 2024, according to the National Employment Agency. The unemployment rate in Bulgaria remained at 5.2% in October The strongest competition is in the..
The Institute for Computer Science, Artificial Intelligence and Technology at Sofia University "St. Kliment Ohridski has made available for free use the..
Rumen Radev's visit to Vietnam began with a meeting with the community of Vietnamese citizens who have studied and worked in Bulgaria - representatives..
President Rumen Radev has arrived on an official visit to Vietnam . This is the first visit of a foreign head of state since the new President Leung..
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