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.
Caretaker Minister of Finance and Deputy Prime Minister Lyudmila Petkova has agreed to remain in office in the next caretaker government, her team told BNR. Petkova has accepted the invitation of the nominee for prime minister,..
Tuesday will be sunny and hot . The hot weather will be more bearable along the Black Sea coast where there will be wind. Minimum temperatures will be between 16 and 22°C, in Sofia - 16°C. Daytime highs will be from 32 to 41°C , in the..
Customs officials have discovered a record amount of 436 kg of heroin hidden in machines transported by sea to Burgas. This is the largest amount of heroin seized so far in Burgas. The heroin was found on August 9 during an inspection of a..
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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