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.
More than 550,000 people received support last year under the European programme Food and Basic Material Assistance – packages of staple foods and nine kinds of sanitary items. Almost 70,000 people from 232 municipalities have availed..
During an operation of the General Directorate Combating Organised Crime under the leadership and supervision of the Sofia City Prosecutor's Office and the National Revenue Agency, a criminal group involved in tax crimes and money..
A list of over 10 unfair trade practices that must be stopped will be handed over to representatives of all parliamentary groups. Among them are high mark-ups, hidden fees of retail chains, inequality between Bulgarian and imported..
Education must make children not only knowledgeable but also good people, said Minister of Education and Science Krasimir Valchev at a meeting with His..
In Plovdiv, experts discuss issues of the food industry, in accordance with the most up-to-date requirements of the Bulgarian and European regulatory..
On February 19th, the day when Bulgarians worldwide commemorate 152 years since the passing of the Apostle of Freedom, Vasil Levski, Bulgaria’s National..
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