Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Loans worth more than 4.6 billion euros under a moratorium amid Covid-19 crisis

Bulgarian National Bank
Photo: Ani Petrova, BNR

More than 107,000 loans are subject to a temporary moratorium due to the economic consequences of Covid-19 at the end of July. This is clear from data of the Bulgarian National Bank, BNR reports.The total value of these loans is over nine billion levs /over 4.6 billion euros/ and in just one month has increased by nearly a billion levs /half a billion euros/.
More than BGN 2 billion (over EUR 1 billion) are the frozen loans of households, the remaining loans are of companies.
The rescheduling of liabilities became possible in April, and for this purpose an individual repayment plan is prepared after the expiration of the partial moratorium.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgaria will request a new report from the European Commission on its readiness to join the euro

Bulgaria is making the necessary progress towards adopting the euro, according to representatives of the European institutions whom Finance Minister Temenuzhka Petkova met with. This progress will allow Bulgaria to request extraordinary convergence..

published on 1/21/25 8:46 AM

Employers present their views on improving the business environment in Bulgaria

Financial and tax stability has been shaken in recent years so it is good that a government has been formed, said Vasil Velev, chairman of the Bulgarian Association of Industrial Capital, at a joint press conference of employers.  "Romania was..

published on 1/20/25 1:54 PM
The Belene NPP site

The Ukrainian parliament greenlights the purchase of two Russian nuclear reactors from Bulgaria

The Ukrainian parliament has authorized the purchase of two Russian nuclear reactors from Bulgaria, Euractiv reports. The energy committee of the Ukrainian parliament greenlighted the purchase of two old Russian nuclear reactors to expand the..

published on 1/17/25 10:44 AM