The Bulgarian banking system is among the most stable ones thanks to the high expertise of the people who work in it. They succeed despite turbulent times. They are successful because they follow the rules and laws. With these words, Vice President Iliana Iotova welcomed those present at the ceremony to mark the professional holiday of bankers. "The Bulgarian National Bank (BNB) is the only bank outside the eurozone that maintains such close cooperation with the European Central Bank," Iotova said in her welcome speech.
At the event, the BNB said it was against the 10% taxation of banks' excess profits. According to Governor Dimitar Radev, the measure included in the 2025 budget would "make credit more expensive." He warned that the banking sector is the only stable one in Bulgaria and such a measure would "take away from the country's financial stability."
Urgent reform of Bulgaria's planning districts is needed, local authorities insist.The current regionalization shows increasing economic imbalances in terms of EU grant assistance. The problem is particularly severe in the Southwestern region, which..
The final price at which Bulgargaz will sell natural gas in December to end suppliers and to persons with a license for the production and transmission of thermal energy is 75.89 BGN/MWh (excluding excise duty and VAT), the company announced...
Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3 and 5 BGN (EUR 1.5-2.5) per liter until the new harvest. The value of the small consumer basket,..
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services..
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