The annual decrease in Bulgaria's local-currency household deposits was nearly thrice that on consumer loans in July, according to the latest data by the Bulgarian National Bank (BNB). Interest rates have been melting away for around a year now but o......
EUR 600 million for municipal sewage finally heads for Bulgaria
2010-08-20
Bulgarian municipalities can finally tap into over EUR 600 million under the EU's Environment operational programme for sewage systems after the scheme's administrating body invited them to file project applications. The financing will be utilised t......
Bulgarian construction sector remains among EU& #039;s worst
2010-08-19
For a tenth month in a row, Bulgaria ranked in June's top 3 of the European Union (EU) countries with the sharpest drop in construction output, show the latest data by Eurostat, the EU's statistical office. Bulgaria's construction output shrank by 1......
Bulgarian banks raise interest rates on euro mortgages
2010-07-28
The interest rates on Bulgaria's housing mortgages have increased for both lev and euro currencies in June, showed the latest figures by the Bulgarian National Bank (BNB). The rates on euro-denominated consumer loans have ticked up by 0.08 percentage......
Bulgaria to buy out renewable energy by lowest price
2010-07-21
Bulgaria's renewable energy generators will compete at tenders for grid-connection and ESO, the electricity system operator of state-run power utility NEK, and power distributors will pick those that pitch the lowest price. The change will take effec......