At the end of 2022, Bulgarians kept over EUR 36 billion in banks, an increase of 8.2% compared to 2021. But the number of households’ bank deposits has gone down by 2% within the space of a year, and they are now almost 8.9 million. 55% of these deposits are for sums up to EUR 500, the average being EUR 85. 7.22% of the people with deposits have sums up to EUR 2,500, Bulgarian National Bank statistics show. 290,000 depositors or 4% own almost half of the money kept in banks. In 2022, households in Bulgaria have taken out a total of 3 million loans totaling almost EUR 18 billion, more than 70% of the credits being for sums up to EUR 2,500. This means there are a great many Bulgarians who are running into debt to be able to cater for their daily needs, comments Lyubomir Kostov, chief economist of the Confederation of Independent Trade Unions in Bulgaria.
The procedure for renewable electricity storage projects under the National Recovery and Resilience Plan is now open and proposals are being accepted. There is a lot of money, the deadlines are short and the conditions applicants have to meet are not..
The European Bank for Reconstruction and Development (EBRD) has slightly lowered its growth forecasts for the regions in which it invests. Bulgaria's economy will grow by 2.9 per cent in 2025, 0.1 per cent less than initially forecast in May...
The largest net positive flows of direct investments in the country for January - July 2024 are from the Netherlands (269.5 million euros), Austria (225 million euros) and Greece (160.5 million euros), BNB data show. According to them, the..
On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and..
2024 is the best year since tourism statistics have been in existence – revenues, accommodation, number of tourists and tourist registrations, number of..
+359 2 9336 661