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..
The National Revenue Agency is inspecting currency exchange offices due to increased interest in buying euros . Within just one week, the exchange of..
On Thursday it will be sunny and hot again. There will be light wind from the north-northwest. The highest temperatures will be..
A large fire stretching about 10 kilometers is burning east of the town of Karnobat, Burgas district, reported the mayor of Karnobat Municipality..
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