The Bulgarian National Bank (BNB) has raised from May 1 the main interest rate to 2.77 percent from 2.47% in April. More than once, the Bulgarian National Bank has warned that the credit expansion in the country may worsen the portfolio in the banking system.
The direct losses for Bulgaria from the delayed full accession to the Schengen Area amount to EUR 424 million, caretaker Minister of Economy Petko Nikolov said . He quoted a report by the Economic Research Institute at the Bulgarian Academy of..
IT is one of the leading sectors in terms of salary increases and interest by job seekers in Bulgaria. Before the pandemic all kinds of experts were being hired regardless of their expertise or practical skills, but now preference is given to people..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits..
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