Official BNB statistics show stable and high growth in housing loans. According to the latest data for February, compared to the same period last year, the rise is 46%. The central bank also reported a decrease in the average interest rate for the month by 0.19 percent. Consumer lending also increased in February, although not as much as housing loans. Compared to the previous year, loans to households rose by 25% as the average interest rate in February was nearly 8 percent. The number of new deposits, compared to the same period last year, shrunk by half.
Bulgarian Foreign Minister Georg Georgiev opened the first Bulgarian higher education institution outside Bulgaria in Taraclia, Moldova, the Ministry of Foreign Affairs announced. Mr Georgiev is in the city for today's celebrations for 24 May, the Day..
Over the next 24 hours, a Mediterranean cyclone passing through the Aegean Sea will cause unstable weather in Bulgaria. It will be mostly cloudy with heavy, widespread rainfall. Moderate winds will blow from the north-northwest and from the northeast..
May 24 united Bulgarians around the world, who marked the Day of the Holy Brothers Cyril and Methodius, the Bulgarian alphabet, education, culture, and Slavic literature with various events. A rich festive program was organised today at the..
Strengthening bilateral economic cooperation between Bulgaria and Italy, participation in joint defense projects and achieving peace in Ukraine were the..
The retirement age should not be changed – this is the position expressed by Social Minister Borislav Gutsanov talking to the Bulgarian National..
Bulgarian virtual influencer Ahinora made her debut in the European Parliament, greeting MEPs. Ahinora is the first Bulgarian avatar, and now an..
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