Will Bulgaria Have a Stable Government After Yet Another Election in June? Our Readers Have Spoken
On our Facebook page, readers were asked about Bulgaria's stability after the June elections
Bulgaria's First Investment Bank (Fibank) has repaid the BGN 1.2 B state aid, which was provided to the bank in June 2014.
The repayment was made in compliance with the plan approved by the European Commission in November 2014. The international rating agency Fitch confirmed the bank's ratings with Stable outlook.
Fibank was in urgent need of liquidity support a week after the collapse of Corporate Commercial Bank (KTB) in June 2014 when depositors withdrew BGN 800 M from the bank in a single day due to the dissemination of false information.
Until the full repayment of the state aid, Fibank was subject to external supervision and numerous restrictions.
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As the May holidays mark the onset of sea tourism, Bulgarians and foreigners preparing for their annual getaways are facing a stark reality: trips this year will come with a heftier price tag
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
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Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022