Assets of investment funds operating in Bulgaria have decreased by nearly 75 million euros in the last three months, it was reported. The decline is the result of lower exposure to foreign funds, but it is not clear whether this was caused by withdrawal of funds by depositors or it was the effect of the stock market decline after Brexit. At the end of June foreign funds in Bulgaria had 690 million euros of assets, while three months earlier they had 105 million euros more. For the same period assets of locals funds have grown by 30 million euros. The total sum that investment funds manage in this country reaches 1.12 billion euros at the end of June. This shows nearly 1% of growth yoy.
A concession will be granted for the Port of Varna, which is an opportunity for investments worth hundreds of millions, Deputy Prime Minister Grozdan Karadzhov told the Parliamentary Committee on Transport and Communications, as quoted by..
Ferry operations near Oryahovo have been suspended d ue to low water levels in the Danube River. The situation is not unprecedented and occurs every summer, but this year the water level has dropped earlier than usual, said the Oryahovo-Bechet Ferry..
Bulgaria’s Premier Rosen Zhelyazkov extended his warmest congratulations to the President, the government and the people of the United States on the occasion of July 4 – Independence Day. ''Bulgaria and the United States continue to deepen their..
Bulgaria appreciates Oman's important role in de-escalating tensions and achieving stability and lasting peace in the region. This is according to Head of..
In recent weeks, the low level of the Danube has not impacted the normal operation of Bulgaria's sole nuclear power plant, Kozloduy, which comprises two..
On Saturday , the lowest temperatures will be between 15 and 23°C. In Sofia - about 18°C. During the day, it will be sunny and hot..
Partly cloudy, chance of rain
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