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.
The parliament has adopted amendments to the Defence Act. They expand the possibilities for declaring a state of emergency and activating the armed forces. The possibility of using weapons against drones in the protection and..
Bulgaria's economy will grow by 3 percent this year. In 2026, the growth rate will slow to 2.7 percent, the Ministry of Finance writes in its Autumn Macroeconomic Forecast. The analysis has been uploaded to the ministry's website...
''The Black Sea – Unique and Unknown'' is the name of the exhibition that the Regional Historical Museum of Burgas will present on today’s International Black Sea Action Day. The exhibition aims to raise public awareness about the richness and..
The National Assembly has temporarily banned the export and intra-EU delivery of petroleum products, mainly diesel and aviation fuel. The decision was..
The Russian Federation has not demonstrated readiness to achieve peace. The Black Sea is a border zone with war. It must have the..
On Saturday , the lowest temperatures will be between 3 and 8°C; at the Black Sea coast up to 10°C. In Sofia it will be around 3°C...
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