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.
A total of 59 people lost their lives and 155 were injured in a fire that flared up during a concert by the popular band DNK in North Macedonia last night. The fire erupted at the Pulse club in the town of Koçani, 65 km from the Bulgarian border. Some of..
Overnight, clouds over the north and east will bring brief showers. There will be light to moderate westerly winds which will increase in strength on Monday, veering north-west and bringing in cold air. Showers will be widespread, especially in the..
The Bulgarian Ministry of Foreign Affairs confirmed that there are no reports of Bulgarian citizens being injured in the fire in the Macedonian city of Kočani. The Bulgarian Embassy in Skopje is in constant contact with Macedonian authorities and..
A protest is taking place in Sofia to demand maximum sentences for a man and a woman who killed animals in a particularly cruel way. So far, nearly..
Bulgarian citizens and road hauliers should avoid traveling to Serbia on March 15 and 16 except in cases of extreme necessity , until the protest actions..
In response to the tragedy in North Macedonia, where more than 50 people lost their lives in a fire at a nightclub in the town of Kočani, Foreign..
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