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.
Bulgarians drive more than their Balkan neighbours, averaging more than 21 000 km per year, according to a survey by CarVertical , reported by BGNES. They are closely followed by the Serbs, who drive an average of 20,028 kilometres per year, and the..
Wednesday will be sunny until noon, when clouds will move in from the northwest, bringing short, intense showers and thunderstorms. The risk of hail remains high. Lows will be between 17 and 22°C, 17°C in Sofia. Highs will be in the 30-35°C range, 30°C..
In the town of Aksakovo, in the region of Varna, Bulgaria's first all-female bagpipe group was created. This was announced by Nikola Georgiev, head of the "Trakia" bagpipe school. The girls debuted with a video clip on the Internet with a..
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...
Partly Cloudy
Partly cloudy, chance of rain
sunshine, cloud, rain and thunder
Mostly Cloudy