Insurance companies have taken 2.3 billion euro abroad in search of higher yields for their assets.
The money is being transferred mostly to EU countries, the Bulgarian National Bank, BNB announced. The year on year export of insurance capital is 5.4%. The funds managed by insurers in Bulgaria stood at over 4.4 billion euro as of the end of June. The increase in funds over the space of a year is by 320 million euro, or 7.7%. The money insurance companies have invested in Bulgaria amounts to a little over 2 billion euro, or an increase of over 150 million euro over the space of a year, BNB says.
A number of institutions – the Ministry of Labor and Social Policy, the Employment Agency, the Executive Agency for Bulgarians Abroad and the Ministry of Interior, as well as members of parliament, have made a clear commitment – to..
Bulgarians working abroad sent over EUR 420 million to their relatives during the first quarter of 2025. This amount is EUR 66 million higher than in the same period of 2025. The largest sum was sent by the Bulgarian diaspora in the United States,..
The positive convergence report will have a positive impact on people's standard of living and purchasing power, as well as on the country’s business environment, Bulgaria’s Minister of Economy Petar Dilov said in an interview with public service..
The base interest rate in Bulgaria is decreasing to 1.91% as of July 1, announced the Bulgarian National Bank. The base interest rate is dropping by..
Exactly a week remains until the final decision on Bulgaria's entry into the eurozone – on July 8, the European Parliament is to vote on whether Bulgaria..
At the start of the harvest season, Yanislav Yanchev, the Deputy Minister of Agriculture , predicted that the wheat would be of good quality. The country..
Clear