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.
On Thursday it will be sunny and hot again. There will be light wind from the north-northwest. The highest temperatures will be between 36° and 41°C; in Sofia - around 36°C. In the mountains it will be mostly sunny. The wind..
Prime Minister Rosen Zhelyazkov led the Bulgarian delegation at the recently concluded NATO Summit in The Hague. Speaking to journalists, he stated that an agreement had been reached — with Bulgaria’s support — for each allied country to raise its..
The National Revenue Agency is inspecting currency exchange offices due to increased interest in buying euros . Within just one week, the exchange of Bulgarian leva into euros increased by 43%, the agency’s director, Rumen Spetsov, announced in..
At the invitation of Jagiellonian University, one of the oldest universities in Europe, founded in 1364 , Vice President Iliana Yotova will be in Krakow,..
Defence Minister Atanas Zapryanov has proposed the establishment of wartime command centres for state institutions . A draft decree from the Council of..
The Bulgarian Ministry of Foreign Affairs (MFA) has issued a warning about a national strike in Belgium on 25 June 2025, organised by the trade unions...
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