The Bulgarian National Bank has said that at the end of February 2016 deposits of the non-governmental sector in the Bulgarian banking system were to the tune of 63.947 billion leva /32.88 billion euro/ or 70.4% of the GDP equal to an annual growth of 8.3%. In the meantime, bank deposits of households and the non-profit organizations that service them amounted to 42.902 billion leva /22 billion euro/ or 47.3% of GDP tantamount to an annual growth of 6.7%. For the same period bank loans of the two categories of bank customers saw an annual decrease of 2% and 1.7% respectively.
“Our ambition is for Bulgaria not to be just an exporter of electricity, but for this energy to create added value here.” This was what Minister of Energy Zhecho Stankov said at the discussion “Bulgaria – a regional hub for..
The European Commission and the European Central Bank are expected to publish their convergence reports on Bulgaria’s readiness to adopt the euro on 4 June. If the reports are positive, Bulgaria will be able to adopt the euro on 1 January 2026...
It will be mostly sunn y on Wednesday. Cumulus clouds will develop in the afternoon hours. Brief showers are expected in some places, mainly in the mountainous regions. It will be hot in the lowlands, with maximum temperatures between 30°C and..
As expected, the European Commission's convergence report on Bulgaria, published today, confirms that the country is ready to adopt the euro on 1 January..
The vote in the European Parliament’s Foreign Affairs Committee on the annual report regarding North Macedonia's progress towards EU membership was..
''Today, the European Commission and the European Central Bank categorically stated that Bulgaria meets the criteria for eurozone membership. This..
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