The reflux of capital from Greek banks in 2016 boosted bank deposits in Bulgaria and Romania, Greece’s Ekathimerini contends. The deposits in Bulgaria saw a 10% increase year on year and in Romania bank deposits rose 8%, whereas in Greece they dwindled with 23%. Many small and medium-sized companies, mainly in Northern Greece, have transferred their bank deposits from local banks to banks in Bulgaria and Romania. The money transaction procedure in those two counties is alleviated, because they are EU members, Ekathimerini notes.
On Tuesday, lows will be between 1 and 6°C, 1°C in Sofia. During the day it will remain mostly cloudy, with showers mainly in the southeast. Over southwestern Bulgaria the clouds will break up and clear. Maximum temperatures will be 4° to 9°C, around..
The Bulgarian Academy of Sciences is to have a female president for the first time. Corresponding Member Evelina Slavcheva from the Institute of Electrochemistry and Energy Systems was elected today to lead the 155-year-old institution...
At a national meeting convened by acting Prosecutor-General Borislav Sarafo v to discuss the rise in public and domestic violence, it was declared that the Prosecutor's Office and the Ministry of the Interior would not tolerate such crimes. "Under my..
The financial effect of our country's accession to Schengen by land will amount to BGN 1.63 billion (EUR 833.4 million) per year, according to a study..
The Ministry of Transport and Communications supports the idea of naming Sofia Airport after Vasil Levski– the most undisputed figure in Bulgarian..
On the occasion of World AIDS Day, observed on December 1, volunteers from the Bulgarian Red Cross Youth in Sofia will light tealights on the Lovers'..
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