Text size

Loan lending for households in Bulgaria might be tightened, says BNB governor

published on 1/28/24 10:50 AM

Photo: niepotrebitelite.eu

Lending loans to households may be tightened following an analysis of data for the first quarter of this year. This was stated by the Governor of the Bulgarian National Bank, Dimitar Radev, in an interview for the BNR. According to him, such measures will be approached very carefully. The idea is being considered against the backdrop of growth in mortgage lending and household indebtedness.

Radev also pointed out that the adopted plan for the adoption of the euro was prepared based on a target date of January 1, 2025. When asked about a possible change of this date, he answered: "I don't think it is very productive to focus on the date now. Rather, the focus should be on what needs to be done."

He specified that this decision depends not only on Bulgaria, but also on its partners, with whom the issues of our membership in the Eurozone are discussed.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy euro indebtedness lending loans loans to households

More from category

High added value manufacturing marks significant growth: Institute for Market Economics

Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..

published on 11/16/24 2:04 PM

Monthly inflation rises to 1.1%

Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..

published on 11/15/24 3:22 PM

Employers and trade unions discuss the mechanism for determining the minimum wage

A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..

published on 11/14/24 9:31 AM