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.
An Archangel All Souls' Day memorial service was conducted by Patriarch Daniil at the military ossuary museum at the central Sofia cemetery. In his message he stated that today we honour the memory of all of our soldiers: “They are an example..
Almost half of the unemployed under the age of 29 in this country have secondary school education, indicate the latest data of the National Employment Agency. There are 17.350 people from this age bracket registered at the job centres –7,570 of..
We Continue the Change/Democratic Bulgaria (PP/DB), which came second in the 27 October parliamentary election, sent the other political forces to be represented in parliament a “Declaration for ridding the institutions and the election process of..
The numerous reports of vote manipulation, of rigging ballots, of adding votes, of vote-buying, of coercion and controlled voting which have been..
The caretaker government will not apply to the Constitutional Court for an annulment of the 27 October election for parliament, said caretaker Prime..
The recordings from 65 cameras, which streamed the counting of the ballots on election night online, have gone missing, according to a report by the..
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