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.
Vice President Iliana Iotova stated that accusations will likely be targeted at the new caretaker cabinet that it will be used for political purposes. “This caretaker cabinet is not the president’s. It is time to take off all the masks and say..
The ten new metro stations of the Sofia metro will be finished in 2027, said Sofia Mayor Vassil Terziev who inspected the extension of the third line. 46% of all passengers who travel every day use the underground, he said. “I am very pleased with..
Deputy Chairwoman of the Court of Auditors Goritsa Grancharova-Kozhareva, who on Friday, August 9, received a mandate from President Rumen Radev to form a caretaker cabinet, will start talks on its composition today. Goritsa Grancharova-Kozhareva..
Council of Europe Commissioner for Human Rights Michael O'Flaherty said he was "deeply concerned” by the law passed by the Bulgarian..
The sale of 100% of the shares of Gallup International Balkan, a Zurich-based polling agency, has been finalised. The agency is a traditional partner of..
In the second quarter of 2024, the average gross monthly wage in Bulgaria increased by 4.5% compared to the first quarter of 2024 , reaching BGN 2,296..
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