Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

No extension of loan repayment moratorium expected

Levon Hampartzoumian
Photo: library, BGNES

The moratorium on loan repayments will not be extended for a third time. The end of the health-care part of the problem can be seen on the horizon, banker Levon Hampartzoumian has told bTV.

"But as the medical issues disappears, economic problems continue," Hampartzoumian said. If a company had an unsustainable business, the outcome for it would not be good both in times of a pandemic and without one, the banker added. "People who owe money should communicate with the financial institution they took the loan from. Do not expect banks to start asking for money the day after the end of the loan repayment moratorium. But banks must be convinced that they would receive the money back," Hampartzoumian said. He added that a wave of non-performing loans was not expected.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Sunny and hot weather expected on Sunday

On Sunday, the lowest temperatures will range from 12°C to 17°C, around 12°C in Sofia . It will be sunny and hot during the day. Cumulus clouds will develop in the afternoon hours mainly over the mountains, with a chance of isolated showers in some..

published on 6/7/25 6:45 PM
Iliana Iotova

Iliana Iotova: EC and ECB reports justify President Radev's concerns

''The reports by the European Commission and the European Central Bank justify all the concerns and reservations expressed by President Rumen Radev when he proposed a referendum on the euro'', Vice President Iliana Iotova said  at the Iliеva..

published on 6/7/25 5:32 PM

The BNR Symphony Orchestra protests with concert silence

The Bulgarian National Radio Symphony Orchestra undertook effective protest action, as shown in videos of their June 6 concert at Bulgaria Hall, which were posted on social media. The BNR Symphony Orchestra refused to perform Sergei Rachmaninoff’s..

published on 6/7/25 4:48 PM