Consumer loans increased in December with almost 18%, compared to the same month in 2017, according to BNB data. This means debt of over 4.5 billion euros for households. Housing loans have risen by more than 10%. At the same time, the increase in deposit accounts growth is slowing down. The BNB has repeatedly warned that rapid credit growth could create cyclical risks that could affect future interest rate hikes.
Bulgaria’s President Rumen Radev met with the Ambassador of the State of Palestine to Bulgaria, Nasri Khalil Salim Abu Jaish. Rumen Radev welcomed the agreement reached on a ceasefire in Gaza and the release of the hostages . President Radev expressed..
The Sofia City Council has suspended two of the night bus lines – N3 (from Levski G to Ovcha Kupel 2) and N4 (from Druzhba 2 to Gotse Delchev) . The other two lines – N1 (from Lyulin 1 and 2 to Mladost 4) and N2 (from Obelya to Student's Town)..
Stabilising state finances will be the main task of the Finance Ministry, its new head Temenuzhka Petkova said at her inauguration as minister. The only woman minister in the new cabinet, Petkova said that Bulgaria had an opportunity to introduce..
The Bulgarian satellite Balkan-1 has been launched into Earth orbit to transmit data for the EU's Copernicus programme . The satellite is a development..
Bulgaria has no errors in the absorption of EU funds in agriculture and natural resources for 2023, according to the annual report of the European..
The Department ''Economics of Natural Resources'' and the Scientific Research Center for Agrarian Business and Nature Use at the University of National..
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