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 of consumer loans remained around EUR 5,113, while the average amount of mortgage loans saw an increase and amounted to EUR 56,242, BNT reported.
Plamen Dimitrov, president of Bulgaria’s largest trade union, the Confederation of Independent Trade Unions in Bulgaria (CITUB), has warned of a potential shortfall of around 17–18 billion leva (EUR 8.7–9.2 billion) in next year’s draft budget...
North Macedonian Prime Minister Hristijan Mickoski said his government will not unconditionally recognise Bulgarians in the country’s constitution. “Nobody has the right to expect this government to make constitutional changes unconditionally,” he told..
‘The Bulgarian Rectors’ Council has proposed the creation of Danube University Alliances,’ said Professor Miglena Temelkova, the Council's chair, at the ‘Days of Bulgaria in Kecskemét, Hungary’ forum. The idea is for the alliances to include..
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