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.
The European Public Prosecutor's Office is investigating the offices of Bulgartransgaz in Sofia. Police have secured access to the headquarters of the gas operator. There is no official information from Bulgartransgaz and Brussels about the inspection,..
Council of Europe Commissioner for Human Rights Michael O'Flaherty said he was "deeply concerned” by the law passed by the Bulgarian parliament against LGBT "propaganda" in schools and called on President Rumen Radev not to sign it,..
Bulgaria issues Schengen visas only for short-term stays. By the end of July, their number was over 35,000, according to a statement from the Ministry of Foreign Affairs in connection with publications in the media about Schengen..
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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