Bulgaria ranks fifth in the EU when it comes to bad credit loans, which reached 12.1 percent of all loans as of June last year at the backdrop of an average EU level of 4.6 percent. This is what a report by the European Commission shows, as quoted by Sega Daily.
The EC has criticized Bulgaria several times over the issue, forcing banks to take urgent measures to clear their bad portfolios. According to data of the Association of Banks in Bulgaria as of September 2017, non-performing loans declined to 11.7 pertcent. In financial terms this amounts to over 3.3 billion euros.
The top positions in the bad loan chart go to Greece with 46.9 percent, followed by Cyprus with 33.4 percent, Portugal with 15.5% and Italy with 12.2%.
On Thursday , the minimum temperatures will be between 5 and 10°C, in Sofia 6°C. The day's highs will be from 23°C to 28°C , in the capital it will be 25°C. During the day it will be sunny with scattered high clouds. It will become..
At present, there is no information indicating a threat to the security of Bulgarian citizens. However, enhanced security measures have been taken in the country and security has been provided at strategic locations. This was announced after the end..
The Bulgarian foreign ministry is in constant contact with the Bulgarian embassies in Beirut, Tel Aviv and Tehran, announced by the Deputy Minister of Foreign Affairs, Elena Shekerletova, at a briefing in the Council of Ministers. The..
Some of the Bulgarians in Lebanon were evacuated on a government aircraft flight on Monday evening. The first group, consisting of 89 people, mostly..
''The second evacuation flight from Lebanon will be carried out today around noon, provided the circumstances are favorable'', caretaker Premier Dimitar..
The Kalotina border checkpoint on the border with Serbia has already been renovated and has a nearly 30% increased capacity for passenger cars. It has..
Partly Cloudy
Mostly Cloudy
Cloudy
Overcast, rain