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.
Unit 5 of the Kozloduy Nuclear Power Plant (NPP) has been temporarily shut down for its scheduled annual maintenance and refuelling, which is expected to last until mid-June this year, the plant's authorities have confirmed. As part of Kozloduy..
Thousands of people will gather tonight near the spring in the mountainous area of Dambala, just above Momchilgrad. They all believe that on this night the water flowing from the rocks will become healing and cure various diseases. The miracle takes..
"I wish health, peace and love in every Bulgarian home! May the light and joy of the greatest Christian holiday fill our hearts and minds and strengthen mutual understanding and tolerance in our society," Bulgarian President Rumen Radev wrote on his..
Unit 5 of the Kozloduy Nuclear Power Plant (NPP) has been temporarily shut down for its scheduled annual maintenance and refuelling, which is expected to..
"I wish health, peace and love in every Bulgarian home! May the light and joy of the greatest Christian holiday fill our hearts and minds and strengthen..
Thousands of people will gather tonight near the spring in the mountainous area of Dambala, just above Momchilgrad. They all believe that on this night..
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