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.
A day before the third motion of no confidence in Prime Minister Rosen Zhelyazkov’s cabinet was due to be voted on, the Velichie party submitted a fourth motion. Today, the National Assembly debated the no-confidence vote proposed by..
Fewer and fewer Bulgarians living abroad send their children to Sunday schools where Bulgarian language and culture are taught, said Veneta Nenkova, founder of the Bulgarian school ''Asen and Iliya Peykovi'' in Rome, in an interview with the BNR’s..
Bulgarian MPs are discussing a third vote of no confidence in the government of Rosen Zhelyazkov, BTA reports. According to the initiators from Vazrazhdane, the cabinet has failed in its financial policy. “The cabinet is..
Gorna Oryahovitsa is the largest non-district town in Northern Bulgaria. It is located near Bulgaria’s old capital, Veliko Tarnovo, and is an important..
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