The total losses of Bulgarians, who have savings accounts in banks, from inflation alone equal over EUR 1 billion a year. Bulgarians invests just 2.4 percent of their savings in equity or in companies. In Eastern Europe, this percentage reaches 20 percent. Most of the family budget is invested in shares by Swedes and Finns. There this type of investment accounts for 40% of the assets of households. Against the backdrop of bank deposits in Bulgaria, there are now more than 15,000 companies in the country, with sales and operating profit rising by more than 25% over the last three years. Investing in them is even more profitable than real estate investments preferred by Bulgarians, according to investment consultants quoted by BTA.
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 mountains in the afternoon and occasional rain in some parts. Maximum temperatures 19-24° C., for..
Bulgarian timber, rather than imported wood, is the primary raw material for the wood processing and furniture industry in Bulgaria, caretaker Deputy Minister of Agriculture, Food and Forestry Miroslav Marinov said at the official opening of the 20 th..
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% from ICT services and 0.8% from ICT manufacturing, Eurostat data show. Bulgaria is among the 3 EU..
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..
Caretaker Prime Minister Dimitar Glavchev has proposed to President Rumen Radev changes in the composition of the caretaker cabinet , the government..
Today, President Rumen Radev will receive caretaker Prime Minister Dimitar Glavchev to discuss with him the proposed changes in the composition of the..
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