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 has offered to help Hungary cope with the difficulties arising from the ban on the transit of oil across Ukraine. This transpired from a post on Facebook by Hungary’s Foreign Minister Peter Szijjarto. “Bulgaria, as a true friend and..
Bulgaria is among the countries with the highest shares of own property in Europe, but has the lowest share of insured homes, Nikolay Stanchev, chairman of the Management Board of the Association of Bulgarian Insurers, told BNT...
After hard days of fighting the fires, the situation in the country is under control. There is no danger of the fire on Greek territory near the Bulgarian-Greek border spreading, it was reported People whose houses have been..
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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