By the end of December 2019, the interest rates on twelve month deposits amount to 0.2%. Interest rates on bank loans were to the tune of 4%. However, adjusted with the annual inflation (3.8%) the interest rate on twelve month bank deposits was negative to the tune of -3.6% and the interest rate on bank loans was close to zero, data of the Bulgarian National Bank show. People lose part of their savings due to the low interest rates and bad management of their personal finance, the credit expert Tihomir Toshev told the Bulgarian National Radio. All bank deposits up to EUR 100,000 are guaranteed by the state. That is why the Bulgarians are not looking for alternative financial instruments despite the low interest rate, Tihomir Toshev further said.
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Due to the outbreak of Peste des Petits Ruminants (sheep and goat plague) in Velingrad and the subsequent protests by farmers, 300 new samples will be taken today. Currently, 1,700 sheep are at risk of being forcibly euthanized. The decision for a..
Exactly a month after the parliamentary elections on October 27, the first session of the 51st National Assembly, which started on November 11, continues today. MPs will make a sixth attempt to elect a speaker. During the fifth..
Wednesday will be mostly sunny. There will be weak to moderate west-northwesterly wind. The lowest temperatures are expected to be between minus 3° and 2°C; in Sofia - around minus 1°C. The highest temperature will reach 10°C to 15°C;..
According to unofficial information, the Hungarian Presidency of the Council of the EU has drafted a decision for the full admission of Bulgaria and..
The first marble statue discovered in the ancient city of Heraclea Sintica on 3 July, is probably of Lucius – grandson of Roman Emperor Octavian..
The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian..
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