Amidst rumours of a change in the exchange rate of the Bulgarian Lev to the Euro, the public have reacted by converting Leva into Euro on a massive scale.
Bulgarian National Bank data regarding deposits of households show that there is a drop in accounts in Leva by over 352 million and an increase in accounts in Euro – by over 250 million. In total, bank accounts in Leva have shrunk by almost 1.2 billion, whereas accounts in Euro have increased by 350 million.
In January, 2020, the deposits of the NGO sector in the Bulgarian banking system amounted to over EUR 42 billion or 66.2 percent of the projected GDP. The annual increase of bank deposits in the sector is by 7.9 percent, after an increase of 9.7 percent a month earlier.
On Thursday , a cold atmospheric front will pass through the country. It will be rainy with thunders over the whole of Bulgaria. There are conditions for hail. The lowest temperatures will be between 7 and 12°; in Sofia – about 7°C...
Bulgaria will assist Ukraine in the process of rebuilding its energy infrastructure. This was announced after a meeting between Bulgaria’s Energy Minister Vladimir Malinov and Ukraine’s ambassador to Bulgaria Olesya Ilashchuk. “Deepening..
The Parliamentary Committee on Tourism has adopted at first reading the Bill for Amendments to the Foreigners in the Republic of Bulgaria Act, submitted by Manoil Manev and Temenuzhka Petkova from the GERB-SDS parliamentary group, which..
In 2021, the value added of the EU’s information and communication technology (ICT) sector was equivalent to 5.5% of the EU’s gross value added: 4.7%..
After 4 years of investigation, the Sofia City Prosecutor’s Office has submitted to court the indictment against former gambling mogul Vassil Bozhkov,..
On Wednesday minimum temperatures in the country will range from 7 to 12° C., for Sofia 9° C. During the day there will be sun, with clouds over the..
Occasional showers
sunshine, cloud, rain and thunder
Rain