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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It will be sunny on Friday. In the afternoon, cumulus clouds will develop over the mountainous regions, but rainfalls are expected only in few places. There will be light easterly wind. The highest temperatures will be between 28°C..
Interior Minister Kalin Stoyanov today handed over the keys to 110 new all-terrain vehicles to the Border Police at an official ceremony. The vehicles were purchased with EU funding. The phased delivery of a further 200 pick-up trucks is expected to..
The quality of seawater along Bulgaria's Black Sea coast is excellent, according to the first samples taken at the end of May before the start of the summer season. This was announced at the Shkorpilovtsi resort in the Varna region by the..
Bulgaria will not send troops to Ukraine, Bulgaria's Ministry of Defence confirmed in its position and recalled that only the Parliament can decide on the..
Companies from 25 countries will present innovations in the defense industry at the International Exhibition for Defense Products and Services "Hemus..
Every third crime in Bulgaria is a traffic crime. This is one of the findings of the study "Trends and Prevention of Road Transport Crime", which was..
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