Bank profits stood at over half a billion Leva (250 million euro) at the end of May, Bulgarian National Bank data indicate. Banks’ profits are up by 28 million euro compared to the first five months of last year. However, the credit portfolio has shrunk by 0.1 percent. Credits taken out by households are up, whereas corporate credits are down and this pushes this index down. Deposits by households are still on their way up, though at a slower rate. The level of liquid assets within the system is high. The share of debt securities in banks’ portfolios, which are considered to be high-security investments, is increasing.
On 1 November, Bulgaria’s National Awakeners' Day, Sofia’s Gina Kuncheva Square will come alive in a truly remarkable way. From midday, the Oborishte Municipality and the Buditelkite Foundation will unveil the country’s first interactive outdoor museum,..
On the Day of National Awakeners, the Presidential Administration will open its doors to citizens. Today, at 10:30 a.m., a ceremony to raise the national flag of Bulgaria will be held in front of the presidential institution building...
A number of events are being held throughout Bulgaria to mark the Day of National Awakeners. On the day we pay tribute to the Bulgarian writers, educators and fighters for national liberation who have preserved the spiritual values..
The National Assembly has rejected President Rumen Radev's veto on changes to the State Intelligence Agency Act (SIA) and the State Agency Technical..
The Russian Federation has not demonstrated readiness to achieve peace. The Black Sea is a border zone with war. It must have the..
Bulgaria has a higher share of women in science, technology, engineering and mathematics (STEM) fields than the European Union average, according to a..
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