Bulgarian National Bank Governor Dimitar Radev has predicted consolidation and mergers of banks in Bulgaria, in line with analogous developments in Europe. Interest has been declared from strategic investors, which was not seen in the past years. The BNB governor has commented that Bulgaria’s banking system is stable, trust in banks has been recovering, and that the country ranks third as per the smallest debt as part of GDP after Estonia and Luxembourg. He however has noted that it is still early to talk about accession to the Euro Zone.
Bulgaria lacks a coherent national policy on refugees despite continued migrant flows , Vice President Iliana Iotova said on Wednesday, calling for a lead institution to coordinate integration efforts. Speaking at a roundtable event on the..
Bulgarian and Chinese researchers discussed scientific cooperation at a forum in Sofia on Friday, attended by representatives of the Bulgarian Academy of Sciences (BAS), government officials, economists and public figures. Organised jointly by the BAS..
With the slogan “No to the division of workers! Yes to higher incomes!” the Confederation of Independent Trade Unions in Bulgaria (CITUB/KNSB) held a protest in front of the Members’ Entrance of the National Assembly. The demonstration took place ahead..
I have spoken many times with Minister of Foreign Affairs of North Macedonia Timčo Mucunski. He knows our position very well. His role..
Bulgaria will not have to bail out eurozone countries that are experiencing difficulties. This is what Lilyana Pavlova, former vice..
Bulgaria welcomes the consistent efforts of the US and President Donald Trump to establish a just and lasting peace in Ukraine, the..
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