Loans totaling 4.2 billion euros were rescheduled because of the Covid-19 crisis at the end of February, BNR reporter Marta Mladenova informed. The number of rescheduled loans as of March 31 will be clear in a month. The end of March is the deadline for approval of deferral requests over the pandemic.
The profit of banks for the first two months of 2021 reached 86 million euros, which is a rise of more than 9% compared to the same period of the past year. The banking system remains very liquid, it was reported. Growth in both loans and deposits has been observed.
According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024 . Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the..
The demographic crisis in this country is advancing at a rapid rate, holding back the development of businesses, but this is a tendency observed in other countries as well. Because of their good qualifications, Bulgarian workers find work in many..
The World Bank predicts a more moderate improvement in Bulgaria's economic growth in 2024 and 2025. In its latest report "Global Economic Prospects" the institution expects a slight acceleration in Bulgaria's GDP growth from 1.8% in 2023 to 2.1% in..
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