The sum total of profits in the Bulgarian banking system stood at 386.5 million euro at the end of June, figures from the Bulgarian National Bank suggest. This accounts for a 115 million euro rise compared to the first six years of last year. Liquidity in the banking system continues to increase and at the end of June liquidity assets showed a coefficient of 36.64 percent which is much higher than the required level. Bank deposits of households and enterprises continue to grow, though interest rates have been falling.
Violations were found in 27% of the inspected sections along the Black Sea coast , according to the control authorities of the Ministry of Environment and Water. Minister Manol Genov ordered the inspection following the October floods in the southern..
With 128 votes in favour, the governing majority in Parliament and three independent MPs rejected the president’s veto on the Law on Defence and the Armed Forces. The amendments expand the possibilities for declaring a state of emergency and..
In Skopje, I am hearing more and more often concerns that relations with Bulgaria are being used as a convenient excuse for the lack of will or ability to undertake the necessary reforms. I do not want to believe this argument, said Bulgaria’s..
At a meeting in Berlin with Google’s Vice President for Government Affairs and Public Policy for Europe Annette Kroeber-Riel, Minister of E-Government..
On Wednesday, minimum temperatures will range from 5°C to 10°C across the country, reaching 12°C to 17°C in southern Bulgaria and around 8°C in Sofia. It..
The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data..
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