The Bulgarian National Bank forecasts an increase in non-performing loans and has kept buffer for the vaults at 0.5 percent of their capital in the third quarter.
The central bank recalls that at the beginning of the crisis with Covid-19, it issued prescriptions to ensure the preservation of stability in the banking system. The capital buffer reflects the BNB's expectations for the course of the economy. The lower its size, the more positive the economic outlook.
For many years the buffer stood at zero, but in 2019 it began to rise gradually due to the global economic slow down.
In 11 district cities in Bulgaria, 1 square meter of residential space costs under EUR 1,000. In 13 district cities, the price ranges from EUR 1,000 to EUR 1,400. In Sofia and Varna, 1 square meter of residential space costs EUR 2,400, National Real..
On the last day of last year, the Egyptian Minister of Investment and Foreign Trade Hassan al-Khatib awarded a total of nine gold licenses at a ceremony at the General Agency for Investment and Free Zones, which was also attended by the Bulgarian..
Based on preliminary data, the Finance Ministry expects a deficit of around BGN 6.1 billion ( €3.11 billion), or 3% of the projected gross domestic product (GDP), at the end of 2024. "Estimates suggest that the deficit will show an improvement..
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