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.
There will be pilot testing of ground-based silver iodide generators for hail protection in two zones where the use of rockets is not allowed, the Deputy Minister of Agriculture Ivan Kapitanov said. At a meeting with Claude Berthet,..
The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
The final price at which Bulgargaz will sell natural gas in December to end suppliers and to persons with a license for the production and transmission..
Mostly Cloudy
Rain
Scattered showers
Cloudy
Snow
Rain / Snow
Cloudy