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 15 June, Unit 6 of the Kozloduy Nuclear Power Plant will be shut down for planned preventive maintenance due to a detected malfunction in the oil system of the unit transformer in the non-nuclear part and indications of a heat transfer medium leak..
Speaking in Stara Zagora at the Fourth National Convention of the Reserve Army, President Rumen Radev stressed the need for basic military training for the younger generation. A debate needs to be held on whether young people in Bulgaria should receive..
Rainfall in Bulgaria so far has been below climate norms. Viktoria Kleshtanova, a weather analyst at the National Institute for Meteorology and Hydrology (NIMH), told BNR that the cumulonimbus cloud cover overnight was at its thickest in the Central..
A hydrogen bus and the first hydrogen electric car in Bulgaria will drive through the streets of Sofia, Pazardzhik and Stara Zagora in the coming days,..
''Bulgaria remains fully committed to the strong and united response of NATO, the European Union and the international democratic community against..
Bulgaria is among the countries in Europe where the tiger mosquito, which carries viruses such as dengue and zika, has become established. This was..
sunshine, cloud, rain and thunder
Clear
Partly Cloudy
Mostly Cloudy
Partly cloudy, chance of rain