The performance of Bulgaria’s banking sector has been improving for the fourth consecutive year. Credit activity is among the main factors that contributed to the economic growth in this country, which is one of the highest in the whole EU. The indicators of the Bulgarian banks have improved, including profitability. The volume of bad loans has decreased, the Governor of the Bulgarian National Bank Dimitar Radev said in an interview for Nova TV. Dimitar Radev also pointed out that basic indicators such as capital adequacy and liquidity are above the EU average. The Bulgarian economy and banks are expected to remain stable in 2020, regardless of the unfavorable external environment. In Dimitar Radev’s view, the 3%-3.5% economic growth projected by the Bulgarian government for 2020 is realistic.
The highest number of people per square kilometer in this country is in Sofia, Blagoevgrad and Plovdiv, BGNES reports. There are 58 people per sq. km in the country, according to data from the National Statistical Institute for..
Another illegal home for the elderly has been discovered – this time in the village of Govedartsi near Samokov. There are suspicions of inhumane treatment of its 23 residents, the Bulgarian National Radio reported. The mayor..
The participants in the abuse of elderly people in the village of Yagoda near Stara Zagora face up to 12 years in prison, BGNES reported. The Kazanlak District Court will consider the prosecutor's request to impose a measure of..
The second F-16 Block 70 aircraft of the Bulgarian Air Force is now at the Third Air Base in Graf Ignatievo, the press center of the..
The ruling coalition is preparing electricity price hike despite assurances that there would be no change for consumers, “We Continue..
President Rumen Radev is leaving for an official visit to the Republic of Kazakhstan and the Republic of Uzbekistan, BTA reports. The..
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