The average amount of newly granted loans secured by residential real estate is steadily rising - from EUR 80 thousand in 2022 to EUR 92 thousand in the third quarter of 2023 under the influence of the price rise of residential properties. The average debt repayment period rises from 24.2 years in 2022 to 25 years in the third quarter of 2023. Longer repayment increases interest rate risk and the probability of losses, according to an analysis prepared by the BNB and cited by the web site "Pariteni".
Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook,..
"The state should buy Lukoil. Then it can look for partners if it wants. If it wants to operate it on its own, that’s fine too. Bulgarians should have cheap fuel", the leader of DPS-New Begining Delyan Peevski told journalists in parliament...
A few hours before being sworn in for the second time as President of the United States, Donald Trump shocked the international community with the news that he was launching his own cryptocurrency, called $TRUMP. A precedent that provoked many questions..
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