Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the Bulgarian National Bank announced.
In the first quarter of 2024, emigrants also sent a record sum of 347 million euros. In comparison, in the fourth quarter of 2023, money sent from abroad was 308.1 million euros. The largest transfers came from those living and working in Germany - 70.1 million euros, compared to 62.5 million euros in the fourth quarter of 2023. The emigrants in USA are second with 64 million euros, followed by Spain and Great Britain with 34.1 and 33.4 million euros. Greece is fourth with 21.8 million euros. Bulgarians from Austria, Belgium, the Netherlands and France also transferred sums of over 10 million euros.
"Come to Blagoevgrad" is the motto of a three-day forum organized by the team of Mayor Metodi Baikushiev. The event aims to attract and motivate Blagoevgrad residents working and doing businesses abroad to return and realize their potential in their..
The residential real estate market in Sofia in the second quarter of 2024 remains stable and active. Despite forecasts for a possible lull, the trends show a rise in prices and a significant increase in demand. This is shown by an analysis of one..
Sofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes writes. The survey takes into account factors such as average cost of living, retirement savings needed, and a variety of..
State-owned dairy company LB Bulgaricum will start modernising its production facility in Vidin in September. The first step will be to..
Japan's Sumitomo Electric Bordnetze plans to cease operations at one of its factories in Bulgaria, located in Mezdra, by 2025. Its second factory in..
Mostly Cloudy
Cloudy
Partly Cloudy
Partly cloudy, chance of rain
Overcast, rain