Around 20% of borrowers will not be able to service their loans once the moratorium on them expires, Rayna Mitkova, President of the Association of Collection Agencies in Bulgaria declared during the Sound of Money Forum. “As restrictions are eased and the Covid-19 vaccine rollout goes ahead many people will want to go back to spending money with a free hand but we must be cautious with our personal finances”, Rayna Mitkova warned in an interview for BNR’s Marta Mladenova.
“At the same time money is depreciated by inflation and negative interest,” capital markets expert Anton Panayotov on his part stated and recommended investment in assets after consulting specialists.
Tuesday will be sunny and very hot. Minimum temperatures will be between 17 and 23°C, 17°C in Sofia. Maximum temperatures will be between 37 and 42°C, 37°C in the capital. A red heat warning has been issued for the districts of Blagoevgrad, Ruse,..
At a meeting with President Rumen Radev, We Continue the Change- Democratic Bulgaria (PP-DB) asked the country’s head of state to delay the handing of the second cabinet-forming mandate to allow them to seek broad public support for the proposed..
Specialists in Bulgarian studies from 32 countries across three continents are participating in a three-week seminar on Bulgarian language and culture, which began today at the University of Veliko Tarnovo. According to the BNR’s correspondent in..
Caretaker Premier Dimitar Glavchev and the Director of the General Directorate Fire Safety and Civil Protection, Chief Commissioner Alexander Dzhartov,..
Seven fires are burning in forest areas in the districts of Plovdiv, Haskovo, Kyustendil and Yambol, the Executive Forests Agency said. In..
Bulgarian politicians and institutions have condemned the assassination attempt on Donald Trump. "We are deeply shocked by the horrific attack on..
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