Bank profits stood at over half a billion Leva (250 million euro) at the end of May, Bulgarian National Bank data indicate. Banks’ profits are up by 28 million euro compared to the first five months of last year. However, the credit portfolio has shrunk by 0.1 percent. Credits taken out by households are up, whereas corporate credits are down and this pushes this index down. Deposits by households are still on their way up, though at a slower rate. The level of liquid assets within the system is high. The share of debt securities in banks’ portfolios, which are considered to be high-security investments, is increasing.
Bulgarian President Rumen Radev was present at the opening of a new high-tech plant of the German concern Rheinmetall at the invitation of the company's CEO Armin Papperger. The plant, located in Unterlüß, Lower Saxony, will produce 155-millimeter..
The government has decided to increase the capital of the Bulgarian Development Bank by 4 billion levs (over 2 billion euros). The money will be invested in new industrial zones, in the construction of new water supply networks, as well as in the..
Nikola Nikolov-Pascal was handed over by Serbia to Bulgarian authorities at the Kalotina border crossing, BNT reported, adding that police escorted him to a hospital in Sofia for examination. The Interior Ministry and the prosecutor's office are not..
On Tuesday , sunny weather will prevail with temporary increases in cloudiness, more significant over the southern regions of..
As of January 1, 2026, the minimum monthly wage will be set at 1,213 BGN (EUR 620.20). This represents a 12.6% increase, or 136 BGN (EUR 64.4) more than..
The epizootic situation in Plovdiv District remains complicated due to the ongoing outbreak of sheep and goat pox. In an effort to contain and prevent..
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