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CITUB: Debt is largely mandatory

The Bulgarian state has placed two 2.5 billion-euro loans on international markets with maturities of 10 and 30 years. The yield is 0.4% for 10-year bonds and 1.48% for 30-year bonds. This has been a record low interest rate ever received by the..

24.09.20 15:58 |

10% rise in expenditures on salaries

Despite the crisis over the Covid-19 pandemic, business and government spending on wages is rising. According to the National Statistical Institute, in the second quarter of the year the total costs per hour of work increased by an average of 9.9..

21.09.20 18:10 |

Banking system not severely affected by coronavirus crisis

The banking system has not been directly hit by the coronavirus crisis. At the moment it is stable and there is no increase in interest rates on loans, banker Levon Hampartzoumian has told bTV. Comparing the current financial crisis with the..

20.09.20 16:56 |

PM Boyko Borissov: Consolidated nations will be the first to deal with Covid-19

Consolidated nations will be the first to emerge from the Covid-19 crisis. Others will fall into severe political crises and it will not be possible to take quick and adequate measures. This was what Prime Minister Boyko Borissov said during his..

01.09.20 18:15 |

New anti-crisis measures to support business in Bulgaria

The funds under the European Commission’s initiative React EU for the fight against Covid-19 and the economic crisis in Bulgaria will be allocated in two directions. This became clear after the meeting of Minister Lachezar Borisov with the trade..

13.08.20 16:51 |

Experts predict growth of bank deposits due to Covid-19

Banks' interest incomes on loans have decreased, while their interest expenses on deposits are on the rise. In the near future, the trend of deposit growth and slowdown in lending activity will continue to develop. This is the forecast of the..

06.08.20 19:12 |
Ivan Kostov

Former PM Ivan Kostov: There is high probability of political crisis before elections

High probability of a political crisis before the regular parliamentary elections in the spring of 2021 exists. This forecast has been made by Ivan Kostov, Prime Minister of Bulgaria in the period 1997-2001, in an interview with BNR. According to him,..

03.08.20 15:50 |

Bulgarians are more affected by Covid crisis than average Europeans

Bulgarians have been more severely affected by the Covid-19 crisis than the average European. 41% of people in Bulgaria have lost incomes compared to 28% in Europe. 38% had to withdraw their savings in comparison to 22% in the rest of the EU...

14.07.20 15:57 |

Bulgarian President expects economic crisis to be most severe in autumn

Analyzes show that autumn will be a hard period as in many places real unemployment will be felt then, President Rumen Radev said. The Covid-19 crisis has proved once again how necessary financial decentralization of municipalities in Bulgaria is,..

18.06.20 17:05 |

Covid-19 in Bulgaria: Day 96

Record number of new Covid-19 cases in Bulgaria – 104 for 24 hours published on 6/11/20 8:30 AM For the past 24 hours, 104 out of 2308 samples have tested positive for coronavirus, data from the National Information System shows...

11.06.20 20:39 |
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