By the end of December 2019, the interest rates on twelve month deposits amount to 0.2%. Interest rates on bank loans were to the tune of 4%. However, adjusted with the annual inflation (3.8%) the interest rate on twelve month bank deposits was negative to the tune of -3.6% and the interest rate on bank loans was close to zero, data of the Bulgarian National Bank show. People lose part of their savings due to the low interest rates and bad management of their personal finance, the credit expert Tihomir Toshev told the Bulgarian National Radio. All bank deposits up to EUR 100,000 are guaranteed by the state. That is why the Bulgarians are not looking for alternative financial instruments despite the low interest rate, Tihomir Toshev further said.
.
On Saturday , the lowest temperatures will be between 7 and 12°C; in Sofia - around 8°. In the morning hours visibility will be reduced in the plains. Before noon, precipitation will temporarily stop. In the second half of the day,..
The National Assembly adopted today, at first and second reading, legislative amendments that expand the powers of the special manager of the Lukoil refinery. The texts were adopted with the votes of the parliamentary majority formations GERB-SDS,..
Sales of starter sets with euro coins with the Bulgarian national side will begin on December 1, 2025 , the BNB announced. They will be in circulation from January 1, 2026. The BNB and Bulgarian Posts will sell starter sets only to individuals;..
Rain
Cloudy
Overcast, rain