77.6% of Bulgarians say they are saving up, 62% keep their money at home and do not trust banks.
12.3% of Bulgarians are financially literate, indicates a report by the Organisation for Economic Cooperation and Development on “Financial Literacy of Adults in South East Europe”. Bulgaria is the country with the highest percentage of young people with financial knowledge higher than that of adults. The survey in Bulgaria, Croatia, North Macedonia, Moldova, Montenegro and Romania shows a low level of confidence in pensioning systems – 25%. In Bulgaria, 39% of respondents say they do not trust the pensioning system. One-third of adults are satisfied with their financial position, 41% are not. A little under 60% say they are finding it difficult to pay their day-to-day expenses, and that money controls their lives.
The Embassy of Bulgaria in USA hosted a Fulbright alumni reception . For over three decades, the Fulbright P rogram has played a pivotal role in fostering educational and cultural ties between Bulgaria and the United States. ''Thanks to the..
The National Assembly rejected the no-confidence motion against the cabinet of Prime Minister Rosen Zhelyazkov. This was the fourth motion of no confidence against the government, this time citing ''failure in the environment and water sector''. 83 MPs..
Bulgaria's Ministry of Foreign Affairs issued a statement following the summoning of the Bulgarian ambassador to North Macedonia’s Ministry of Foreign Affairs in Skopje. Skopje lodged an official protest with Ambassador Zhelyazko Radukov, as the..
Sofia will now have night public transport connecting the centre with Vasil Levski Airport , according to the press centre of the Sofia Municipality...
A global leader in the production of robotic and minimally invasive surgical equipment has officially opened a new manufacturing facility in Parvomay ,..
“Prime Minister Hristijan Mickoski’s narrative will be left to those familiar with Aesop’s fables,” Bulgarian Prime Minister Rosen Zhelyazkov commented..
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