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.
A Council for Coordination of Policies for Bulgarians Abroad is being established. This will be a permanent advisory body to the Council of Ministers, the parliament decided during the second reading of changes to the Law on Bulgarians..
MEPs are concerned about Russian interference in the upcoming elections on June 9, and the properties on the territory of Bulgaria currently owned by Russian authorities, reads a draft resolution of the European People's Party on new allegations of..
Members of Parliament observed a minute of silence to honor the victims of the Armenian Genocide in the Ottoman Empire (1915-1916). April 24 was declared Armenian Genocide Remembrance Day. BSP MP Atanas Zafirov proposed that a minute of..
On Tuesday the minimum temperatures in Bulgaria will be between 6 and 11°C, in Sofia - about 7°C. During the day it will be cloudy and rainy. In western..
For the early parliamentary elections in Bulgaria and the elections for European Parliament, which will be held on June 9, at this stage it is planned to..
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%..
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