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 patriots from Vazrazhdane parliamentary party and civil organizations against Bulgaria's accession to the Eurozone have announced a protest for today. They call for a wide public debate on the consequences from the introduction of the euro...
On Saturday the weather will continue cold, predominantly sunny with a temporary increase of mid and high clouds. There will be fog before midday in some parts in the lowlands. There will be a light wind from the East, in the Eastern part of..
Out of all politicians in this country, President Rumen Radev enjoys the highest approval rating – 46.7% , followed by Prime Minister Rosen Zhelyazkov (18.9%), GERB party leader Boyko Borissov (15.9%), National Assembly Speaker Nataliya Kiselova..
In Plovdiv, experts discuss issues of the food industry, in accordance with the most up-to-date requirements of the Bulgarian and European regulatory..
More than 550,000 people received support last year under the European programme Food and Basic Material Assistance – packages of staple foods and nine..
The MPs from the 51 st National Assembly adopted a declaration on non-participation of Bulgarian troops in military activities on the territory of..
Mostly Cloudy
Partly Cloudy