Only 8% of Bulgarians invest as compared to an average of 24% for the EU, and only 24% save up, indicates a survey by Trend sociological agency commissioned by Finance Academy, conducted among 1,005 adults, 3-10 December, 2024. 84% of the..
The cabinet has proposed to the parliament a bill on the collection of revenues and making expenditures until the adoption of the state budget, the budgets of the National Health Insurance Fund and the state social security service for 2025...
Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...
The largest net positive flows of direct investments in the country for January - July 2024 are from the Netherlands (269.5 million euros), Austria (225 million euros) and Greece (160.5 million euros), BNB data show. According to them, the..
As of October 1, the BNB has tightened the criteria for banks when granting mortgage loans. The central bank's decision comes after an analysis that shows significant credit growth in the segment and its acceleration in the second quarter of the year...
For the first half of 2024, the fast loans reached over 3 billion euros, according to the Bulgarian National Bank (BNB) . In comparison, at the end of June 2023, the granted quick loans totalled 2.5 billion euros. According to the..
The total quarterly income on average per person in a household in the second quarter of 2024 was 1,644.32 EUR and increased by 20.5% compared to the same period in 2023 , NSI data show. At the same time, the average three-month..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..
Bulgaria could join the euro area at the beginning of 2026. According to a study by the Non-Food Traders Association, this is the realistic period in which this country would be able to fulfill the criteria for the Eurozone. According to the..
45% of young people in Bulgaria prefer to work for a Bulgarian employer, according to a nationally representative survey conducted in May by online research agency JTN and Bulgaria Wants You (a platform that aims to provide..
