In September 2022, non-performing fast loans in Bulgaria increased with 23.2% year-on-year to a total of BGN 346.4 million (EUR 176.7 million), statistical data of the Bulgarian National Bank show. For comparison, a year ago the amount of bad loans amounted to BGN 281.1 million (EUR 143.7 million), or BGN 65.3 million (EUR 33.3 million) less than the current level. Demand for fast loans increased in 2022 reaching the pre-Covid levels. More than 70% of the amounts were granted to households.
At the end of the third quarter of 2022, the number of bank deposits of households decreased with 2.9% on an annual basis. Meanwhile, the amount of money deposited in banks increased. Deposits between BGN 50,000 (EUR 25,000) and BGN 100,000 (EUR 50,000) are prevalent.
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The financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..
The highest average salary in Bulgaria is in Sofia - 1732 euro, and the lowest in Smolyan - 826 euro. These are the data from the National Statistical..
Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott..
Monthly inflation in the country was 2% in January and annual inflation was 3.7%. This is according to preliminary data from the National Statistical..
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