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 exhibition “Summer Wind” opened on June 8 in Bagrena Gallery at the Bulgarica Cultural Center in Chicago, USA. The center announced this on its Facebook page. With the exhibition the Bagrena Gallery closes its active season and..
The World Bank has lowered its forecasts for the economic growth of the global economy and Bulgaria for this and next year. The assessment is part of the regular analysis of the international financial institution, published every 6..
An emergency curfew has been imposed in the central part of Los Angeles, California, USA, the Situation Center of the Ministry of Foreign Affairs warned. The measure is due to the protest actions on the evening of June 10, 2025...
The Ministry of Agriculture and Food and the Agricultur al Academy presented Bulgaria's innovation and scientific potential in agriculture during..
A cargo ship carrying agricultural fertilizers got stuck in shallow waters near the entrance channel of the port of Burgas while..
Young people in Bulgaria are ready to be part of the change, but they do not believe that they are given the opportunit y, indicate data of a..
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