Every third bank in the world is at risk of extinction in the coming months, according to a study by consulting firm McKinsey. Banking institutions’ vulnerability is explained by low interest […]
Category: Business in Bulgaria
Prof. Atanas Tasev: This 11 KM From Balkan Stream Are Extremely Important for Bulgaria
This small stretch of 11 km is extremely important for Bulgaria. First, we end the Turkish Stream 2 saga – whether or not it will pass through […]
Eurostat: Euro Area And EU 28 Government Deficit And Debt Decreased To 0,5% And 0,7% Respectively
In 2018, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2017. In the euro area, the government deficit to GDP ratio fell from […]
Pensions Will Increase By Almost 7% Since July 1st 2020
From July 1, 2020, pensions will increase by 6.7 percent, according to the draft budget of the State Social Security for 2020. Expenditures for pensions will be with BGN 729 million […]
The Construction Of The Balkan Stream Gas Pipeline Through Bulgaria Has Started (Video)
First video footage of the construction activities of the extension of the gas transmission network along the Balkan Stream line in the section from the Bulgarian-Turkish border to […]
Japan Lifted The Temporary Ban On The Import Of Bulgarian Poultry Meat
Japan has lifted the temporary ban on the import of Bulgarian poultry meat, Bulgarian Food Safety Agency (BFSA) reports. Imports of poultry meat and meat products are now authorized. The ban was imposed […]
€600 Million More Foreign Investments In Bulgaria Since The Beginning Of The Year
In August 2019, Bulgaria’s current account surplus exceeded EUR 1.1 billion, while foreign direct investment increased by EUR 76 million, but with a total increase of over EUR 600 million […]
15% Increase In The Banking System’s Profi For The First Six Months Of The Year
The banking system’s profit for the first six months of the year reached EUR 470 million, up 14.6% compared to June 30, 2018, BNR reported. The Return on Assets […]
The MFA Advised Bulgarians To Avoid Traveling To Catalonia
The danger is great in places with major landmarks. A general strike in Catalonia was announced on Friday, the Bulgarian Ministry of Foreign Affairs said. The department […]
6G Network Up To 10 Years Away?
Sixth generation 6G telecommunications technologies may become available in the next 10 years. This was stated today by the founder and CEO of Huawei Ren Zhengfei in an interview with […]