In 2020, Bulgarians took out more loans. They took 12% more mortgage loans and 5% more consumer loans as compared to the previous year. Consumer loans were most often used for home renovations and purchase of new furniture. The average amount..
The poorest 20% of Bulgaria’s population face a greater risks compared to the richest 20% in terms of Covid-19, analysts from the Institute for Social and Trade Union Research (ISTUR) at the Confederation of Independent Trade Unions in Bulgaria..
Bulgaria ’s National Assembly rejected President Rumen Radev’s veto on amendments to the VAT Act. The amendments introduce new provisions to the Consumer Loans Act which Bulgaria’s head of state Radev called “inadmissible” and “legally intolerable”...
