77.6% of Bulgarians say they are saving up, 62% keep their money at home and do not trust banks.
12.3% of Bulgarians are financially literate, indicates a report by the Organisation for Economic Cooperation and Development on “Financial Literacy of Adults in South East Europe”. Bulgaria is the country with the highest percentage of young people with financial knowledge higher than that of adults. The survey in Bulgaria, Croatia, North Macedonia, Moldova, Montenegro and Romania shows a low level of confidence in pensioning systems – 25%. In Bulgaria, 39% of respondents say they do not trust the pensioning system. One-third of adults are satisfied with their financial position, 41% are not. A little under 60% say they are finding it difficult to pay their day-to-day expenses, and that money controls their lives.
After a heated debate, Parliament rejected the proposed GERB-SDS cabinet with Rosen Zhelyazkov as Prime Minister. It was supported by 98 MPs, with 138 voting against and two abstaining. Zhelyazkov, representing the first political force in Parliament,..
Ukrainian optimism clashes with European scepticism ahead of the NATO summit, with divisions emerging over defence spending and how the war will end. These are the conclusions of a report based on a new survey by the European Council on Foreign..
Under the program of the European Civil Protection Mechanism, 240 firefighters from 4 countries arrived in Greece to help their Greek colleagues, the Bulgarian Fire Protection Directorate has reported. Due to the high temperatures..
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European..
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