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 pig farming industry in Bulgaria is experiencing growth

The pig meat sector in Bulgaria is showing signs of growth. This was announced at the International Forum "Modern Trends in Pig Farming: Scientific, Market and Regulatory Aspects", held today in Stara Zagora. It was highlighted that 53% of the..

published on 4/15/25 3:18 PM

NSI: Agricultural net income down by 1.1% over the year

The total output at basic prices from the agriculture sector in 2024 amounts to €4,970.1 million, which is 7.9% less compared to the previous year.  This decline is due to two main factors: a 3.2% decrease in the quantity of agricultural..

published on 4/14/25 2:26 PM

Bulgarian processors import rapeseed from Canada due to a shortage of raw materials

One of the largest cargo ships in the world docked for the first time at the Port of Varna, delivering 58,000 tons of rapeseed, BGNES reported. The shipment arrived from Canada and will be refined in Bulgaria. The delivery was made due to a..

published on 4/12/25 4:04 PM