Insurance companies have taken 2.3 billion euro abroad in search of higher yields for their assets.
The money is being transferred mostly to EU countries, the Bulgarian National Bank, BNB announced. The year on year export of insurance capital is 5.4%. The funds managed by insurers in Bulgaria stood at over 4.4 billion euro as of the end of June. The increase in funds over the space of a year is by 320 million euro, or 7.7%. The money insurance companies have invested in Bulgaria amounts to a little over 2 billion euro, or an increase of over 150 million euro over the space of a year, BNB says.
In 11 district cities in Bulgaria, 1 square meter of residential space costs under EUR 1,000. In 13 district cities, the price ranges from EUR 1,000 to EUR 1,400. In Sofia and Varna, 1 square meter of residential space costs EUR 2,400, National Real..
On the last day of last year, the Egyptian Minister of Investment and Foreign Trade Hassan al-Khatib awarded a total of nine gold licenses at a ceremony at the General Agency for Investment and Free Zones, which was also attended by the Bulgarian..
Based on preliminary data, the Finance Ministry expects a deficit of around BGN 6.1 billion ( €3.11 billion), or 3% of the projected gross domestic product (GDP), at the end of 2024. "Estimates suggest that the deficit will show an improvement..
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