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Bulgarian Industrial Association disapprove of decision for money transfer to Fund of Funds

The government's decision to transfer 50 million euros of grants from the European Commission aimed at the Bulgarian economy to the Fund of Funds, has not received approval from BIA. In the fund, this money will be distributed as loans with..

04.07.21 11:46 |

Bulgaria’s caretaker cabinet: Billions of euros were distributed without public procurement procedures

In the past 2 years, state-owned companies paid about 4.4 billion euros to subcontractors for construction without public procurement procedures. This was done under the so-called in-house procedure, which could be applied only in emergencies and..

30.06.21 15:53 |
Deputy PM for EU Funds Management Atanas Pekanov

Recovery Plan will have disciplining effect – money for reforms: Deputy PM Atanas Pekanov

“The caretaker cabinet is trying to rescue the Recovery Plan, or at least to improve those parts which are not up to the mark, ” Deputy Prime Minister for EU Funds Management Atanas Pekanov said, in an interview for the BNR’s Horizont channel, adding..

27.06.21 13:36 |

Masked men try to steal money for pensions in Vidin

Three masked and armed men tried to steal a large sum of money from the Central Post Office in Vidin early this morning. The men broke into the post office through a back entrance, tied the guards up, then entered the vault, but failed to take the..

06.06.21 13:57 |

Online fraud network with Bulgarian participation cracked

An international network with Bulgarian participation involved in online fraud was cracked after a long investigation by the Plovdiv Prosecutor's Office and the General Directorate Combating Organized Crime. Attempts to drain and..

19.04.21 18:01 |

Rise in incomes of Bulgarian households marked in 2020

In 2020, the average total annual income per household member was 3,580 euros, which is a 6. 2-percent rise compared to 2019, the National Statistical Institute has reported . T he total income per member of a..

15.04.21 13:36 |

Government orders that institutions should save money

A government's decision issued today requires institutions to save money because of the coronavirus crisis. Institutions will have to analyze upcoming payments and look for ways to save money of their budgets by the end of the year. The news has been..

11.11.20 17:06 |

More than half of the assets of insurance companies are abroad

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..

09.09.20 17:18 |

Bulgarians save up but do not keep their money in banks: OECD report

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..

29.06.20 09:17 |

Money sent by Bulgarian emigrants to their home country exceeds EUR 1 billion

The money sent by the Bulgarian emigrants to their home country in one year exceeded EUR 1 billion for the first time, Eurostat announced. According to 2018 data, the personal money transfers from the EU to Bulgaria amounted to EUR 833 million and the..

12.11.19 18:11 |
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