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 Minister of Culture Nayden Todorov has signed two important international documents, thanks to which Bulgaria will cooperate with Australia, as well as with Romania, Croatia and Serbia in the field of studying, preserving and promoting..
Travellers at Sofia Airport's Terminal 2 can now enjoy a new lounge area that combines a modern relaxation area with a shared workspace. Announced on its Facebook page, the new space offers international travellers from the Schengen area access to..
Greece will extradite to the USA a Bulgarian arrested on charges of creating and participating in a criminal group for smuggling. The Greek Supreme Court has confirmed the extradition of the Bulgarian citizen who was detained in..
There are no active wildfires on the territory of Bulgaria, said caretaker Prime Minister Dimitar Glavchev at the start of the government meeting...
On Thursday , a cold front with clouds and precipitation will pass over the country. There will be short-term intense rainfalls with..
Bulgarians drive more than their Balkan neighbours, averaging more than 21 000 km per year, according to a survey by CarVertical , reported by BGNES...
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