Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

20% of borrowers will not be able to service their loans after the moratorium on them expires

Photo: Ani Petrova

Around 20% of borrowers will not be able to service their loans once the moratorium on them expires, Rayna Mitkova, President of the Association of Collection Agencies in Bulgaria declared during the Sound of Money Forum. “As restrictions are eased and the Covid-19 vaccine rollout goes ahead many people will want to go back to spending money with a free hand but we must be cautious with our personal finances”, Rayna Mitkova warned in an interview for BNR’s Marta Mladenova.

“At the same time money is depreciated by inflation and negative interest,” capital markets expert Anton Panayotov on his part stated and recommended investment in assets after consulting specialists. 



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

The Bulgarian Government strongly condemns desecration of EC building

The government strongly condemned the desecration of the European Commission building in Bulgaria in a Facebook post. "Attacks against institutions, whether national or European, are unacceptable and contradict the principles of the rule of law...

published on 2/22/25 4:31 PM

Tension rises during protest against the euro in central Sofia

A protest in defense of the Bulgarian lev and against Bulgaria's entry into the Eurozone began at noon in the center of Sofia. The organizers are the Vazrazhdane party and civil organizations. The participants are demanding a broad public debate on the..

published on 2/22/25 4:13 PM

Danube Bridge connecting Bulgaria and Romania to be closed twice for 12 hours in March

The repairs to the Danube Bridge, connecting Bulgaria and Romania, have been partially halted , BNT reported. This was necessary due to the low temperatures in recent days in Ruse and the entire country.  It is expected that the repairs to the Danube..

published on 2/22/25 3:56 PM