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.
On Tuesday morning, visibility will be reduced in the plains and valleys . Minimum temperatures will be between minus 10 and minus 4°C, reaching minus 14°C in isolated valleys. In Sofia it will be around minus 10°C. During the day it will be mostly..
Bulgaria’s Minister of Energy Zhecho Stankov is on a working visit to the USA to participate in the Sixth Delphi Forum in Washington DC . His schedule includes participation in a high-level discussion on the new map of energy diplomacy, as well..
An incident involving a drone that entered the Sofia Airport area on February 7, causing the disruption of 6 flights, led to a meeting today initiated by Deputy Premier and Minister of Transport and Communications, Grozdan Karadzhov. The meeting..
Bulgaria is participating at the Lisbon Food Affair (LFA) – the largest food trade fair in Portugal, which opened today and will run until..
From February 10 to 22, the largest NATO military exercise of the year, Steadfast Dart - 2025 (STDT25), will be held in the areas of the Tsrancha..
By the end of September, Bulgaria will receive eight F-16 Block 70 fighter jets, Minister of Defence Atanas Zapryanov has told Nova..
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