Economy

Distribution of Over BGN 620 Thousand Worth of Pensions in Bulgaria is Temporarily Suspended

Over half a million BGN pensions are "suspended". According to the National Social Security Institute, the pensions of 4794 pensioners for over BGN 620 thousand were closed due to unpaid electricity, water, and heating bills, debts to tax or banks, NOVA reported.

Pensions are the highest in Sofia, with Pernik second in terms of senior debtors. The debtors in Plovdiv follow.

Moody’s report says growth prospects uncertain

In its latest report on Greece, credit rating agency Moody's says that the country's low birthrate, along with low investment and savings, casts a pall of uncertainty over economic growth prospects.
On the positive side, it notes that reforms are being accelerated and that the interest paid on debt servicing is low.

State still not paying suppliers

The state's debts to companies and individuals have remained relatively stable since the end of 2018, despite warnings from the country's creditors.
State debts are around 2.2 billion euros and it now appears that state suppliers will not be paid off by the end of the year, as the current government has promised.

A1 Accepts Payments in Cryptocurrency in Austria

Austria's leading telecom A1, which owns the mobile operator of the same name in Bulgaria, has announced that it has allowed its customers to pay with cryptocurrency in a pilot project aimed at testing the popularity of virtual payments, BNR reported.

Customers can pay with bitcoin, litecoins, dash and other cryptocurrencies in certain stores in the country, the company said.

Rumen Radev Wants the Bulgarian State to Research the Investors and Their Plans For the Implementation of Belene NPP

"Having so many investors is a positive sign and shows that this plant is necessary and can be profitable, because when a business applies for something, it knows very well." This was what President Rumen Radev told journalists today in response to a question about the stated investor interest in the construction of Belene NPP, cited by the Presidency press secretariat.

Pages