Assets of investment funds operating in Bulgaria have decreased by nearly 75 million euros in the last three months, it was reported. The decline is the result of lower exposure to foreign funds, but it is not clear whether this was caused by withdrawal of funds by depositors or it was the effect of the stock market decline after Brexit. At the end of June foreign funds in Bulgaria had 690 million euros of assets, while three months earlier they had 105 million euros more. For the same period assets of locals funds have grown by 30 million euros. The total sum that investment funds manage in this country reaches 1.12 billion euros at the end of June. This shows nearly 1% of growth yoy.
Bulgarian President Rumen Radev gave a lecture on the prospects and challenges for young people at the University of National and World Economy in Sofia. At the end of his speech, he answered questions from students. Asked about the wars in..
The European Commission is insisting on the urgent implementation of strict measures to eradicate the outbreak of sheep plague in Velingrad. In a statement, the Directorate-General for Crisis Preparedness in Food, Animals and Plants of the..
At a meeting of the caretaker government, Prime Minister Dimitar Glavchev confirmed that the Dutch government has agreed with Bulgaria's full accession to Schengen. He said that according to the Bulgarian Academy of Sciences, the benefits of the..
The coalition BSP-United Left, which placed fifth in the parliamentary elections held on October 27, is starting a series of negotiations to gather..
By order of the Minister of Education and Science, Prof. Galin Tsokov, January 3, 2025, has been declared a non-school day for all schools in Bulgaria...
North Macedonia’s Foreign Minister Timčo Mucunski was heard in the European Parliament’s Foreign Affairs Committee. He..
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