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.
Prime Minister Dimitar Glavchev ordered the Ministry of Environment and Water to take measures to deal with the problem of water scarcity in various regions of the country. He recommended that additional experts and scientific..
2.5% is the necessary effort that our country must make in terms of defence spending, caretaker Minister of Defense Atanas Zapryanov said. Together with the Chief of Defense Adm.Emil Eftimov, the minister was present at the Mausoleum..
The Ivan Mihailov Cultural Club in Bitola has been removed from North Macedonia’s Central Registry, but the spirit of Ivan Mihailov lives on in the people, and a "legal battle" is underway in court to restore the name, the association’s chairman..
A protest organized by nationalist organizations in front of the Ivan Vazov National Theatre last night against the premiere of Bernard Shaw’s play..
There Is such a People (ITN) has collected 67 signatures and are submitting a complaint to the Constitutional Court for the partial annulment of the..
A second night of protests took place outside the Ivan Vazov National Theatre in Sofia, but this time there were no physical confrontations. The protest..
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