Gold Reaches New Highs, Nearly Touching 2,400 USD per Ounce
In the early hours of Friday trading, the price of gold surged to an unprecedented peak, nearing the 2,400 USD per ounce mark
Some 53% of Bulgarians do not trust the banking system in the country, according to a survey conducted by Gallup International.
Lack of trust in Bulgarian financial institutions is on the rise for second straight month. In July, it was 41%.
Meanwhile, some 27% and 33% of the polled said they had trust in the banking system in August and in July respectively, BGNES reports.
Almost half of the respondents (49%) think that Corporate Commercial Bank (KTB) has been a subject of political attack. A total of 16% of the polled disagree with that proposition and 35% can not say.
Most Bulgarians (43%) want KTB to be 'saved' and rehabilitated by its shareholders. Only 19% of the respondents said they wanted the bank to be closed and to declare bankruptcy. Some 38% have no opinion on the matter, BGNES informed.
The study of Gallup International was conducted between 1-6 August 2014 among 1,010 people. The statistical error is 3%.
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The National Statistical Institute reports that in 2023, the poverty line for the entire country stood at 637.92 BGN per person per month within households
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
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Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
February witnessed a surge in remittances from Bulgarians residing abroad, reaching a remarkable EUR 110.5 million, marking the highest value since last July
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Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022