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.
Defence Minister Atanas Zapryanov has proposed the establishment of wartime command centres for state institutions . A draft decree from the Council of Ministers on this matter has been published for public consultation. The initiative aims to ensure..
The Ministry of Justice has proposed an amendment to Tariff No. 1 of the State Fees Act, outlining the fees charged by courts, the prosecution service, investigative services, and the Ministry of Justice. According to the government press service, the..
Due to a lack of rainfall, the water level in Lake Srebarna has dropped to just 15 centimeters, posing a serious threat to the entire ecosystem, reported public service broadcaster BNT. Lake Srebarna is one of the most significant wetlands in Europe..
At the invitation of Jagiellonian University, one of the oldest universities in Europe, founded in 1364 , Vice President Iliana Yotova will be in Krakow,..
The European Parliament's Foreign Affairs Committee adopted the draft report on the Republic of North Macedonia's progress towards EU integration, with 40..
A Bulgarian delegation, led by Prime Minister Rosen Zhelyazkov, will participate in the NATO summit focusing on defense and deterrence plans, which..
Partly Cloudy
Clear