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.
Over the next 24 hours the clouds will increase. The wind will pick up and will usher in cold air. Minimum temperatures 5-10° C., for Sofia around 5° C. Daytime highs will reach 8-13° C., for Sofia around 11° C. Over the mountains there will..
Slavi Trifonov, leader of There Is Such a People (ITN) declared he would sign the declaration of We Continue the Change/Democratic Bulgaria (PP/DB), with which the coalition calls for a cordon sanitaire around the leader of the Movement for Rights and..
Nineteen people have been detained last night for drug possession during a special police operation on the territory of Sofia, the Interior Ministry has announced. Cannabis, ecstasy and more than 400 canisters of laughing gas, as well as..
Slavi Trifonov, leader of There Is Such a People (ITN) declared he would sign the declaration of We Continue the Change/Democratic Bulgaria (PP/DB),..
Today, 3 November, is International Day for Biosphere Reserves, declared by UNESCO’s Man and the Biosphere programme. On this occasion, as of the second..
Over the next 24 hours the clouds will increase. The wind will pick up and will usher in cold air. Minimum temperatures 5-10° C., for Sofia around 5°..
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