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.
Bulgaria is the guest of honour at the 19th edition of the International Book and Education Fair in Podgorica, which brings together literary representatives from all over Europe. Bulgaria's national presentation, featuring more than 40 publishers and..
The Ministry of Education and Science and the International Bank for Reconstruction and Development (IBRD), one of the five institutions of the World Bank Group, have signed an agreement on more effective use of information resources in education...
Unused state-owned properties that only generate costs should be sold transparently through open bidding on an electronic platform, Prime Minister Rosen Zhelyazkov said. In this regard, the government has adopted the Programme for Managing State-Owned..
Prime Minister Rosen Zhelyazkov has highlighted the stability of public finances as a key element on the country's path to Eurozone membership. Speaking..
In an address to the Bulgarian citizens, the Bulgarian head of state Rumen Radev has announced that he is submitting a proposal to the National Assembly..
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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