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.
The government’s program includes 100 priorities, distributed across 19 sectors, with a vision for a full four-year term. This was announced by Prime Minister Rosen Zhelyazkov, who presented a report on what the government has achieved so far under its..
On the occasion of the protest of Sofia’s public transport, Finance Minister Temenuzhka Petkova stated that the Ministry of Finance cannot fund personnel expenses for the municipal company "Public Transport", a BNR reporter informed. In Minister..
The parliamentary group of "Vazrazhdane", represented by Kostadin Kostadinov, accused Speaker of the National Assembly Nataliya Kiselova of "suspending" the Constitution and demanded her resignation, BTA has reported. The..
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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