In the bulletin of the Association of Banks in Bulgaria, Governor of the Bulgarian National Bank (BNB), Dimitar Radev, has predicted inflation peak in June and subsequent easing.
Radev also predicts a reversal of the interest rate cycle. Global interest rates will rise and lending will rise, too. Therefore, the BNB calls on banks to carefully balance in 2022 "between the possibilities for expanding lending, the result of the expected improvement of the economic situation, and the zones of economic instability." The main criterion for balance is "improving the quality of assets," according to Radev.
The Governor points out that despite the delay, the BNB continues to work actively for the country's accession to the eurozone.
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The highest average salary in Bulgaria is in Sofia - 1732 euro, and the lowest in Smolyan - 826 euro. These are the data from the National Statistical Institute (NSI) for December 2024. Because of the salaries in the capital, the average salary in..
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Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott..
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