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

Loans worth more than 4.6 billion euros under a moratorium amid Covid-19 crisis

Bulgarian National Bank
Photo: Ani Petrova, BNR

More than 107,000 loans are subject to a temporary moratorium due to the economic consequences of Covid-19 at the end of July. This is clear from data of the Bulgarian National Bank, BNR reports.The total value of these loans is over nine billion levs /over 4.6 billion euros/ and in just one month has increased by nearly a billion levs /half a billion euros/.
More than BGN 2 billion (over EUR 1 billion) are the frozen loans of households, the remaining loans are of companies.
The rescheduling of liabilities became possible in April, and for this purpose an individual repayment plan is prepared after the expiration of the partial moratorium.



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

After data update, Bulgaria's GDP for 2023 has increased

In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported.  The chairman of the institute,..

published on 10/18/24 1:30 PM

Bulgaria and North Macedonia reaffirm their commitment to continue the construction of Railway Corridor No. 8

In Brussels, Bulgaria and North Macedonia reaffirmed their commitment to continue the construction of Railway Corridor No. 8 under the TEN-T Regulation, reported the European Commission’s Directorate General for Neighborhood Policy and Enlargement..

published on 10/17/24 8:40 AM
Caretaker Minister of Innovation and Growth Rosen Karadimov

A Taiwanese technology giant wants to build a factory near Plovdiv

A Taiwanese technology giant is negotiating to build a large production facility on the territory of the Trakia Economic Zone near Plovdiv, announced caretaker Minister of Innovation and Growth Rosen Karadimov. He was briefed with the progress of the..

published on 10/16/24 6:14 PM