The reflux of capital from Greek banks in 2016 boosted bank deposits in Bulgaria and Romania, Greece’s Ekathimerini contends. The deposits in Bulgaria saw a 10% increase year on year and in Romania bank deposits rose 8%, whereas in Greece they dwindled with 23%. Many small and medium-sized companies, mainly in Northern Greece, have transferred their bank deposits from local banks to banks in Bulgaria and Romania. The money transaction procedure in those two counties is alleviated, because they are EU members, Ekathimerini notes.
Over the next 24 hours the weather in the country will be dynamic. After temporarily dispersing, after midnight the clouds will increase and the precipitation will pick up from the Northwest. During the day on Sunday the rain will continue, and..
The Sofia district court has left 45-year old Bulgarian former athlete Petar Dachev in custody. Dachev was detained on 2 April in the region of Petrohan pass for possession of 30 kgs. of cocaine, public service TV BNT reports. The cocaine, hidden..
Against the background of protests in different towns across the country against the “war on the roads”, the poor condition of roads, corruption in public procurement and flawed road repairs, Minister of Interior Daniel Mitov has ordered a..
Bulgarians have traditionally had a deep respect and gratitude for domestic animals. For generations, horses, oxen, donkeys and cows have been..
It is 21 years today since the tragedy in the River Lim on the border between Serbia and Montenegro, in which 12 Bulgarian children were killed. On..
The President of Bulgaria, Rumen Radev, and the King of Jordan, Abdullah II, are hosting the Aqaba Process Summit, which focuses on the Balkans and brings..
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