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.
‘This is not the time for early elections,’ said Prime Minister Rosen Zhelyazkov at a GERB party conference. According to BTA, he was opposed to holding elections during the country’s planned adoption of the euro in 2026. GERB chairman Boyko..
The Sofia Appellate Court left in custody Varna Mayor Blagomir Kotsev, who is charged with corruption and participation in an organized crime group. The judgment is final. One of the three judges, Andrey Angelov, signed with a dissenting..
Bulgaria’s Minister of Justice Georgi Georgiev conferred in Brussels with the European Commission team responsible for the Resilience and Recovery Plan (RRP) reforms in Bulgaria, reported the Ministry of Justice. EC: RRP payment depends on..
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