At the end of 2022, Bulgarians kept over EUR 36 billion in banks, an increase of 8.2% compared to 2021. But the number of households’ bank deposits has gone down by 2% within the space of a year, and they are now almost 8.9 million. 55% of these deposits are for sums up to EUR 500, the average being EUR 85. 7.22% of the people with deposits have sums up to EUR 2,500, Bulgarian National Bank statistics show. 290,000 depositors or 4% own almost half of the money kept in banks. In 2022, households in Bulgaria have taken out a total of 3 million loans totaling almost EUR 18 billion, more than 70% of the credits being for sums up to EUR 2,500. This means there are a great many Bulgarians who are running into debt to be able to cater for their daily needs, comments Lyubomir Kostov, chief economist of the Confederation of Independent Trade Unions in Bulgaria.
The investment in Sofia Airport's Terminal 3 will set new standards for the industry and travel in Eastern Europe, reports BTA, quoting Jesus Caballero, CEO of Sofia Airport operator. Speaking at the presentation of the future Terminal 3,..
Bulgaria has taken on new foreign debt of 3 billion euro and 1.5 billion US dollars, the Finance Ministry has announced. The triple tranche of Bulgarian bonds has sparked great interest among investors, allowing the country to secure extremely..
The political crisis is not affecting the economy in the short term – within 1-2 years , says Assoc. Prof. Krassen Stanchev from the Institute for Market Economics. “The political crisis is affecting those who are highly regulated – mostly big..
T he LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The..
The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The..
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