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

BNB expects economic growth, investments in real estate continue

Photo: archive

The Bulgarian National Bank (BNB) expects the trend towards a slowdown in economic growth to stop. In the first half of 2024, the Bulgarian economy is expected to grow supported by the improved prospects for external demand for Bulgarian goods and services, writes the quarterly "Economic Review". 

The Bulgarian National Bank indicates that fiscal policy remains pro-inflationary due to an increase in social payments and the maintenance of budget deficits. 

"In 2023, the annual growth of loans to households has remained very high, especially in housing lending. The main factors for growth continue to be rising incomes, low interest rates on housing loans, which are actually negative, and households' preferences to buy real estate properties as alternative investments or savings," the BNB also reported.



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

The Bulgarian National Bank (BNB) expects inflation in the country to continue to rise until the end of 2025

The lack of sufficient manpower and strong private consumption are the main reasons for inflation, according to the second "Economic Review" of the Bulgarian National Bank (BNB) for the year. Annual inflation is 2.9%, increasing by 2.1% by May 2025..

published on 8/7/25 8:53 AM

The economy of expectations – how the fear of price increases actually leads to price increases

After months of low inflation and even temporary deflation in April this year, according to official national statistics, the trend abruptly reversed. On July 15, literally days after Bulgaria received a green light from Brussels for..

published on 8/6/25 9:51 AM
Rumen Draganov

Adopting the euro will not make tourism more expensive, it will even reduce some prices

Bulgaria's entry into the eurozone on January 1, 2026 will not make vacations more expensive. This is what Rumen Draganov, director of the Institute for Analysis and Forecasts in Tourism told the Bulgarian National Radio. The prices..

published on 8/4/25 11:14 AM