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 Bulgarian National Bank (BNB) will maintain its conservative monetary policy, central bank governor Dimitar Radev told Politico. I lead one of the more conservative central banks and we have no intention of changing this course, Radev was quoted as..
Between 50,000 and 70,000 foreign workers may be included in the Bulgarian labor market by the end of the year , according to estimates by the Ministry of Labor and Social Policy. This was announced by Minister Borislav Gutsanov before the relevant..
The transition and accession of Ukraine and Moldova to the EU are important because the largest Bulgarian national minority is located there, said Bulgarian Prime Minister Rosen Zhelyazkov in Odessa. He participated in the fourth Ukraine-Southeast..
Bulgarian mother Mika Koleva and her children were forced to leave Northern Ireland after her home in Ballymena, County Antrim, was attacked by..
Only 6% of Bulgarians lead a healthy lifestyle, according to a sociological survey conducted by the Research Center Trend, commissioned by the Health..
Bulgaria's Road Infrastructure Agency has announced that environmental activists have withdrawn their complaints and terminated the cases related to the..
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