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.
Oil products of unknown composition and origin have once again washed up on a large stretch of the Pomorie coastline, in what appears to be a more serious incident than the one reported two days ago, BNR correspondent Daniela Kostadinova reports from..
The planned liberalisation of the electricity market for household consumers on 1 July this year will not take place, MPs decided at the first reading of amendments to the Energy Act. Before the final adoption of the texts, a working group will..
Six Bulgarian nationals found guilty of spying for Russia by London's Central Criminal Court in March will be sentenced by the same court this afternoon, reports BNR correspondent Veselin Paunov. The final verdict is expected by Friday at the latest...
The Ministry of Education and Science and the International Bank for Reconstruction and Development (IBRD), one of the five institutions of the World..
Prime Minister Rosen Zhelyazkov has highlighted the stability of public finances as a key element on the country's path to Eurozone membership. Speaking..
Bulgaria is the guest of honour at the 19th edition of the International Book and Education Fair in Podgorica, which brings together literary..
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