The performance of Bulgaria’s banking sector has been improving for the fourth consecutive year. Credit activity is among the main factors that contributed to the economic growth in this country, which is one of the highest in the whole EU. The indicators of the Bulgarian banks have improved, including profitability. The volume of bad loans has decreased, the Governor of the Bulgarian National Bank Dimitar Radev said in an interview for Nova TV. Dimitar Radev also pointed out that basic indicators such as capital adequacy and liquidity are above the EU average. The Bulgarian economy and banks are expected to remain stable in 2020, regardless of the unfavorable external environment. In Dimitar Radev’s view, the 3%-3.5% economic growth projected by the Bulgarian government for 2020 is realistic.
Bulgarian Prime Minister Rosen Zhelyazkov has appealed to the National Assembly through the media not to allow consideration of the proposal for a referendum on the euro, which he claims is unconstitutional. His appeal is in connection with President..
As part of the national campaign of the Ministry of Education and Science "Just Say No", Minister Krasimir Valchev explained to high school students from Stara Zagora the harm of drug use, BNT reported. The purpose of the discussion is to..
Days before the start of the prom season, the Ministry of Labor and Social Policy and the Foundation "Persons with Development Problems Assistance" are launching the charity initiative "Prom Dresses with a Cause" under the patronage of Minister of..
Public transport workers in Sofia have announced a protest for Wednesday, 14 May, which is expected to cause significant disruption before noon. Although..
On Tuesday, over many areas, the cloudiness will temporarily decrease, but in the morning in places in the lowlands there will be short-term fog. Around..
This spring, beekeepers in various regions of Bulgaria have reported a 90% mortality rate among bees. The industry is facing serious challenges due to..
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