Bulgaria's central bank has been discussing measures to reduce the number of non-performing loans, which has been falling but is still a burden on the well-capitalized banking sector in the country, BNB Governor Dimitar Radev said.
Bulgaria's financial system has stabilized since the 2014 bankruptcy of the country's fourth-largest credit institution - Corporate Commercial Bank due to fraud and internal misappropriation, but bad loans remain a challenge according to reports by the International Monetary Fund and the European Commission.
The review of asset quality and the stress test carried out by the Central Bank last year in order to restore confidence in the sector helped banks better assess credit risks and curb bad loans, Dimitar Radev added.
The results of the samples taken from the infected herds near Velingrad are 100% reliable and have been confirmed with a second test, Deputy Minister of Agriculture and Food Deyan Stratev said an interview with public service broadcaster BNT. In his..
On the occasion of World AIDS Day, observed on December 1, volunteers from the Bulgarian Red Cross Youth in Sofia will light tealights on the Lovers' Bridge to form a ribbon representing solidarity with the victims and carriers of the disease...
Over the next 24 hours the weather will continue cloudy, with rain mostly in the Southwestern half of the country and sleet in high plains. The precipitation over Mounts Rila and the Rhodopes will be considerable. There will be a moderate, in..
The financial effect of our country's accession to Schengen by land will amount to BGN 1.63 billion (EUR 833.4 million) per year, according to a study..
A Eurobarometer survey has registered the highest level of trust in the European Union since 2007 and the highest level of support ever for the common..
The Ministry of Transport and Communications supports the idea of naming Sofia Airport after Vasil Levski– the most undisputed figure in Bulgarian..
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