Around 20% of borrowers will not be able to service their loans once the moratorium on them expires, Rayna Mitkova, President of the Association of Collection Agencies in Bulgaria declared during the Sound of Money Forum. “As restrictions are eased and the Covid-19 vaccine rollout goes ahead many people will want to go back to spending money with a free hand but we must be cautious with our personal finances”, Rayna Mitkova warned in an interview for BNR’s Marta Mladenova.
“At the same time money is depreciated by inflation and negative interest,” capital markets expert Anton Panayotov on his part stated and recommended investment in assets after consulting specialists.
On Tuesday minimum temperatures will range from 12° C. to 17° C., for Sofia 12° C. During the day the weather will be predominantly sunny. At around midday and in the afternoon cumulus and cumulonimbus clouds will form mostly over the mountains and..
The Ambassador of the Republic of North Macedonia to Bulgaria Agneza Rusi Popovska has sent a letter of gratitude to the director of the Pirogov Emergency hospital in Sofia Dr. Valentin Dimitrov, expressing gratitude for the rescue of the children and..
National Assembly President Natalia Kiselova expressed the hope that the work of the MPs will not be jeopardized, after the Vazrazhdane leader called on the public to block the work of parliament on Wednesday, the Bulgarian news agency BTA reports...
The introduction of the euro will not affect household electricity prices, Energy Minister Zhecho Stankov told BNR. He added that from the day Bulgaria..
Pope Leo XIV appeared last night in the Vatican Gardens wearing an omophorion gifted to him by Bulgarian Prime Minister Rosen Zhelyazkov , the Catholic..
Nearly one in three children in Bulgaria lives in material deprivation, according to data from the National Statistical Institute for last year, reported..
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