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.
According to a survey by sociological agency Sova Harris conducted in June, the government’s information campaign on the country’s entry into the Eurozone is unconvincing, the Bulgarian news agency BTA reports. 60.1% of the respondents say that by..
"We are following with deep concern the latest developments in the Middle East and the escalation of tensions between Israel and Iran . Bulgaria is concerned about any actions that increase the risk of a broader conflict in the region" ,..
25 Bulgarians who are staying in Israel for a short time have sought assistance from the embassy in Tel Aviv , Slavena Gergova, Bulgaria's ambassador to the Jewish state, told BNR. Bulgaria's Foreign Ministry calls on Bulgarian citizens in..
“The military conflict between Israel and Iran is a threat to the security of the entire region,” said PM Rosen Zhelyazkov and expressed the hope..
According to a survey by sociological agency Sova Harris conducted in June, the government’s information campaign on the country’s entry into the..
25 Bulgarians who are staying in Israel for a short time have sought assistance from the embassy in Tel Aviv , Slavena Gergova, Bulgaria's ambassador to..
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