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.
Prime Minister Rosen Zhelyazkov said that the state’s representative at Lukoil could include more than one appointed manager, in line with upcoming legal changes. He added that the names of the candidates for special manager or managers would be..
November 10 marks 36 years since the symbolic beginning of the transition from a one-party system to democracy in Bulgaria. The day after the fall of the Berlin Wall a plenum of the then ruling Bulgarian Communist Party ousted its..
Seven-year-old Magdalena Stoyanova from art school "Kolorit" in Pleven received a gold medal and a distinction from the international children's drawing competition "Health 2025". The award ceremony took place in Sao Paulo,..
On Wednesday, minimum temperatures will range from 4 to 9°C across the country, reaching around 2°C in Sofia. The wind will ease and fog will settle in..
The amount of the average social security income for the country for September 2025 is 962.25 EUR and the amount of the average monthly social security..
Bulgaria’s Energy Minister, Zhecho Stankov, has reassured citizens and businesses that the country’s fuel supplies are sufficient to last for an extended..
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