The performance of Bulgaria’s banking sector has been improving for the fourth consecutive year. Credit activity is among the main factors that contributed to the economic growth in this country, which is one of the highest in the whole EU. The indicators of the Bulgarian banks have improved, including profitability. The volume of bad loans has decreased, the Governor of the Bulgarian National Bank Dimitar Radev said in an interview for Nova TV. Dimitar Radev also pointed out that basic indicators such as capital adequacy and liquidity are above the EU average. The Bulgarian economy and banks are expected to remain stable in 2020, regardless of the unfavorable external environment. In Dimitar Radev’s view, the 3%-3.5% economic growth projected by the Bulgarian government for 2020 is realistic.
A major restructuring of Bulgarian State Railways - Cargo (BDZ Cargo) is underway, including cost-cutting and a review of all freight tariffs, Transport and Communications Minister Grozdan Karadjov said on Monday at a meeting with trade unions in the..
The Plovdiv District Prosecutor's Office is overseeing the investigation into the death of 6-year-old Angel, who died after being given an anaesthetic for dental treatment at a dental clinic in Plovdiv. The investigation is aimed at establishing the..
His Holiness the Bulgarian Patriarch Danil officiated at the opening of the 100th anniversary edition of Forest Week, as announced on the Bulgarian Patriarchate website. The service was held in the square in front of the Patriarchal Cathedral of St..
Unemployment in Bulgaria is below 4 per cent , according to NSI data for March quoted and summarised by BNT. Last month also saw an 8% increase..
The path to the economic prosperity of the Roma people goes through cultural legitimacy, says Ognyan Isaev, director of the Educational Opportunities..
On the occasion of World Health Day (April 7), Bulgaria’s Premier Rosen Zhelyazkov expressed his deep appreciation and respect for doctors and..
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