Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

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

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!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgaria sinks in the 2024 World Competitiveness Ranking

Bulgaria ranks 58th out of 67 countries in the World Competitiveness Yearbook of the Institute for Management Development (IMD), Switzerland. The country has shown a lack of progress since 2021 and dropped 10 positions compared to 2020 and 20..

published on 6/19/24 9:19 AM

NSI: Bulgaria Records Second Consecutive Month of Deflation

According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024 . Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the..

published on 6/14/24 4:55 PM

Businesses expect the authorities to streamline the process of importing of foreign workers

The demographic crisis in this country is advancing at a rapid rate, holding back the development of businesses, but this is a tendency observed in other countries as well. Because of their good qualifications, Bulgarian workers find work in many..

updated on 6/14/24 12:03 PM