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Online fraud network with Bulgarian participation cracked

An international network with Bulgarian participation involved in online fraud was cracked after a long investigation by the Plovdiv Prosecutor's Office and the General Directorate Combating Organized Crime. Attempts to drain and..

19.04.21 18:01 |

Rise in incomes of Bulgarian households marked in 2020

In 2020, the average total annual income per household member was 3,580 euros, which is a 6. 2-percent rise compared to 2019, the National Statistical Institute has reported . T he total income per member of a..

15.04.21 13:36 |

Government orders that institutions should save money

A government's decision issued today requires institutions to save money because of the coronavirus crisis. Institutions will have to analyze upcoming payments and look for ways to save money of their budgets by the end of the year. The news has been..

11.11.20 17:06 |

More than half of the assets of insurance companies are abroad

Insurance companies have taken 2.3 billion euro abroad in search of higher yields for their assets. The money is being transferred mostly to EU countries, the Bulgarian National Bank, BNB announced. The year on year export of insurance capital..

09.09.20 17:18 |

Bulgarians save up but do not keep their money in banks: OECD report

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..

29.06.20 09:17 |

Money sent by Bulgarian emigrants to their home country exceeds EUR 1 billion

The money sent by the Bulgarian emigrants to their home country in one year exceeded EUR 1 billion for the first time, Eurostat announced. According to 2018 data, the personal money transfers from the EU to Bulgaria amounted to EUR 833 million and the..

12.11.19 18:11 |

Rise of social payments planned for 2020

Starting July 1, pensions will rise by 6.7%. This is envisaged in the draft budget of the State Social Security for 2020, the Bulgarian National Radio reported. The state will spend nearly EUR 373 million more on pensions next year. There is no change..

21.10.19 18:48 |

Money in circulation in Bulgaria rise by over 12 percent for a year

The Bulgarian National Bank has reported that at the end of June 2017 currency in circulation on the domestic market reached BGN 14.214 billion (7.3 billion Euros). Compared to the end of June 2016, a rise of 12.3 percent has been marked. The share of..

16.08.17 10:41 |

Press Review

Record-high expenses in 2017 state budget is Capital daily’s main headline on Thursday . The Bulgarian authorities are planning again huge budget deficit, in order to co-finance EU projects. The money allotted to the state administration is to..

27.10.16 10:20 |

Bulgaria with second-lowest GDP/tax revenue ratio in EU

Bulgaria places second in the EU, together with Latvia, in terms of lowest tax revenue/gross domestic product ratio. In those two countries the tax revenue/GDP ratio amounts to 27.9%. Only in Lithuania the tax revenue/GDP ratio is lower-27.2%, data of..

26.03.16 12:35 |
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