Data from the Bulgarian National Bank for the period January-November 2020 shows that Bulgaria has attracted 141.1 million euros of German direct investment. According to this indicator, only the Netherlands and Austria are ahead of it, Mitko Vassilev,..
Bulgarian exports fell by more than 1.8 billion euros in the period from January to October compared to the first ten months of 2019, data of the Bulgarian National Bank shows. Imports for the same period shrank by 2.9 billion euros. The exports of..
The Governor of the Bulgarian National Bank Dimitar Radev pointed to the year 2024 as a realistically possible deadline for Bulgaria's accession to the euro area. He made the statement during a video conference organized by the American Chamber of..
Bulgaria’s gross domestic product is to decrease by 4% in 2020 and then regain ground with 4.1% growth in 2021, the International Monetary Fund forecasts in its latest World Economic Outlook report. There is a 60% probability that the decline in..
As of October 1, 2020, the Bulgarian National Bank (BNB) is cooperating with the European Central Bank. The accession of Bulgaria to the Banking Union has lead to the direct supervision by ECB of 5 commercial banks registered in Bulgaria - DSK,..
Foreign direct investment in Bulgaria for the period January-July amounted to 1.4 billion euros. Compared to the same period of 2019, their increase is by 494.8 million euros, or 54.2% , the Bulgarian National Bank has announced. In July alone, foreign..
Bulgaria’s banks entered the current crisis well prepared, because a lot was done in the recent years , the Governor of the Bulgarian National Bank Dimitar Radev pointed out during the opening of the new academic year at the University of National and..
Five major Bulgarian commercial banks are to go under the direct supervision of the European Central Bank as of October 1, 2020 , BNR reports. This is part of the cooperation of the Bulgarian National Bank with the European financial institution on the..
Insurance companies have taken 2.3 billion euro abroad in search of higher yields for their assets. The money is being transferred mostly to EU countries, the Bulgarian National Bank, BNB announced. The year on year export of insurance capital..
More than 107,000 loans are subject to a temporary moratorium due to the economic consequences of Covid-19 at the end of July. This is clear from data of the Bulgarian National Bank , BNR reports.The total value of these loans is over nine billion levs..
