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.
President Rumen Radev will participate in the tenth edition of the Delphi Economic Forum in Greece on April 9 and 10. The event brings together heads of state and government, representatives of the business and non-governmental..
The personnel crisis in the tourism sector has reached critical levels, with various data indicating that up to 70% of tourist sites are understaffed. Economic losses from unrealized tourism potential are estimated at nearly 500..
On Wednesday, the wind from the northwest will get stronger. Cloudiness will be variable, more significant in the afternoon. The lowest temperatures will be between minus 5°C and 0°; in Sofia - around minus 3°C and the highest will..
Unemployment in Bulgaria is below 4 per cent , according to NSI data for March quoted and summarised by BNT. Last month also saw an 8% increase..
The path to the economic prosperity of the Roma people goes through cultural legitimacy, says Ognyan Isaev, director of the Educational Opportunities..
On the occasion of World Health Day (April 7), Bulgaria’s Premier Rosen Zhelyazkov expressed his deep appreciation and respect for doctors and..
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