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.
On Saturday, minimum temperatures in Bulgaria will be from 8 to 13°C, in Sofia - around 9°C . During the day it will be cloudy with temporary breaks in the clouds over the western regions. In the southern and eastern parts of the country it..
Librarians, backed by trade unions, have staged a protest in front of Sofia Library, demanding higher salaries. According to a recent decision by the Council of Ministers, those working in the field of information and bibliographic services will..
The date May 9 marks 80 years since the end of World War II and the victory over Nazism . The memorial day was marked by laying wreaths and flowers at the Monument to the Unknown Soldier with the participation of the Speaker of the Parliament Natalia..
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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