The Bulgarian banking system is among the most stable ones thanks to the high expertise of the people who work in it. They succeed despite turbulent times. They are successful because they follow the rules and laws. With these words, Vice President Iliana Iotova welcomed those present at the ceremony to mark the professional holiday of bankers. "The Bulgarian National Bank (BNB) is the only bank outside the eurozone that maintains such close cooperation with the European Central Bank," Iotova said in her welcome speech.
At the event, the BNB said it was against the 10% taxation of banks' excess profits. According to Governor Dimitar Radev, the measure included in the 2025 budget would "make credit more expensive." He warned that the banking sector is the only stable one in Bulgaria and such a measure would "take away from the country's financial stability."
The growth of the national economy in the second quarter of 2025 accelerated by 3.5% on an annual basis. According to an analysis by the Bulgarian National Bank - BNB, the main factors for the acceleration are the decrease in imports..
For the first time, Bulgaria’s Minister of Finance Temenuzhka Petkova took part as an observer in the regular meeting of the Eurogroup held in Luxembourg, the Ministry of Finance said. Until now, Bulgaria has only participated in Eurogroup..
Since the beginning of the current year, Bulgaria has experienced record heat waves, a series of devastating fires, and a new disaster just days ago – catastrophic floods that claimed human lives . Climate change already has its price – and it is..
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget...
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