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.
Bulgaria's entry into the eurozone is approved by 46.5% of citizens and 66.3% of businesses , according to a survey by the Alfa Research agency. 46.8% of citizens and 33.6% of businesses disapprove . 6.7% of citizens cannot judge. In November..
The Administrative Court in the Republic of North Macedonia has ruled in a second instance that Bulgarian MEP Andrey Kovatchev was lawfully not allowed into the country on May 6, 2023 , BGNES reported. The reasons are that he undermined “the..
The Basic Court in Bitola has handed down a suspended sentence of 1 year with a probationary period of 2 years in the case against Ljubcho Georgievski, chairman of the defunct Ivan Mihaylov Cultural Club , his lawyer Naser Raufi told BTA. Ljubcho..
Bulgarian citizens in the territory of the State of Israel are advised to remain calm, strictly adhere to the instructions of the Israeli Civil Defense ,..
According to a survey by sociological agency Sova Harris conducted in June, the government’s information campaign on the country’s entry into the..
“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..
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