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.
Over 200 settlements in 140 municipalities will have high-speed internet, announced Deputy Prime Minister and Minister of Transport and Communications Grozdan Karadjov. He signed 6 contracts for the construction of digital networks in the country in..
The interest in exchanging levs for euros has increased by more than 50% after the positive convergence reports of the European Commission and the European Central Bank. This was reported by financier Max Baklayan for Radio Varna. He explained that..
The future Rila highway from the Gueshevo border crossing between Bulgaria and North Macedonia to Bulgaria's town of Dupnitsa will cost about 1.5 billion euros . This was said at a working meeting of the governor of the Kyustendil region with experts,..
Bulgaria and Kazakhstan will work on the development of the Trans-Caspian international transport corridor, known as the "Middle Corridor". This was..
The procedure for filling out one-day employment contracts for work in agriculture is being simplified. After a change in the regulation, only the..
The Speaker of the National Assembly, Natalia Kiselova, is on a working visit to Albania to participate in the Parliamentary Assembly of the South East..
Partly cloudy, chance of rain
Clear
Mostly Cloudy
sunshine, cloud, rain and thunder
Partly Cloudy