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.
For the first time in 38 years the population of Bulgaria has practically stopped its downward trend. In 2023 the decline is by a mere 0.3%, or just 2,229 people, indicate data from the demographic development strategy for last year. At the end of..
Bulgaria is growing more and more visible for businesses in the US, said Bulgaria’s President Rumen Radev at a briefing in New York after meeting with representatives of American companies. “Interacting with American companies and with..
If the election for parliament were to be held today, 7 political formations are certain to enter the National Assembly, indicates a poll by Trend agency, commissioned by 24 Chasa daily. GERB/SDS comes first with an approval rating of 24.8%...
The first coordination meeting with the participation of all structures involved in the contract for the acquisition of Stryker combat vehicles for the..
Friday will be sunny and temperatures will rise during the day to reach 28-33°C, 29°C in the capital. Lows will be between 11 and 16°C, 11°C in Sofia...
Bulgaria supports the United Nations' mission of having humanity's future shaped by development policies and not by military conflicts, President Rumen..
Clear
Partly Cloudy