In 2023 interest on home loans could go up by up to 5%, on consumer loans – by up to 10%, financiers say, citing the policies of the European Central Bank and the US Federal Reserve for harnessing inflation.
The rise in interest rates has affected the Bulgarian National Bank as well, and it too has raised the base interest rate to 1.3% for December. This, experts say, is a sign of the tendency that loan interest rates are going up. The average interest rate on mortgage credits is expected to reach 4-5% at the end of next year. At the moment the average home loan interest rate is 2.48%. Interest on bank deposits is also going up, though at a slower rate.
Paul Cameron from London has turned out to be the one millionth passenger for 2024 at Burgas Airport, and his landing turned into a real celebration, BNT reported. He and his wife Cindy arrived on a charter flight from Gatwick Airport and were..
With the votes of GERB-SDS, PP-DB and MRF, the National Assembly rejected the proposal of BSP for Bulgaria that part of the equipment for Belene NPP be used to replace the 3rd steam generator of the 6th unit of Kozloduy NPP, which is constantly failing...
The caretaker government has allowed the Bulgarian military to train Ukrainian soldiers on the territory of NATO member states. The reasoning states that with this decision Bulgaria expresses its support forUkraine, upholds Euro-Atlantic values and..
Caretaker Prime Minister Dimitar Glavchev stated that he will accept a proposal to be caretaker PM again if President Rumen Radev assigns him this..
A new flare-up of the big wildfire on the Greek side of Slavyanka mountain has crossed the border into Bulgaria, extending the perimeter of the fire..
The traditional swim across the Danube River near Silistra will take place at 9:00 am on August 10. Those wishing to participate can register just..
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