The reflux of capital from Greek banks in 2016 boosted bank deposits in Bulgaria and Romania, Greece’s Ekathimerini contends. The deposits in Bulgaria saw a 10% increase year on year and in Romania bank deposits rose 8%, whereas in Greece they dwindled with 23%. Many small and medium-sized companies, mainly in Northern Greece, have transferred their bank deposits from local banks to banks in Bulgaria and Romania. The money transaction procedure in those two counties is alleviated, because they are EU members, Ekathimerini notes.
Due to the poor condition of the water transmission network, nearly half a billion cubic meters of water are irretrievably lost annually . On this occasion, Caretaker Environment Minister Petar Dimitrov called for work to improve and repair the water..
From March 30, 2025, a new direct flight will connect Sofia and Pisa, Italy. A statement from Sofia Airport states that the flights will be operated by the low-cost airline Ryanair and will operate three times a week - every Tuesday, Thursday and..
The parliamentary group of Democratic Bulgaria has offered GERB-SDS and "BSP-United Left" to vote "for" the candidacy of Silvi Kirilov from ITN for the post of Speaker of the 51st National Assembly. Yordan Ivanov, MP from "We Continue the..
The average gross annual salary in Bulgaria in 2023 is 24,485 BGN (EUR 12,519) which is an increase of 15.3% compared to 2022, according to data from..
The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for..
The Democrats for a Strong Bulgaria (DSB) are to nominate the party’s leader Atanas Atanasov for president of the 51 st National Assembly...
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