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.
At night, the wind will shift from the north-northeast and bring in cold air. On Tuesday, cloudy weather will prevail. In many places there will be snowfalls. The lowest temperatures will be between minus 1°C and 4°C; in Sofia -..
The fire in a discotheque in the Macedonian town of Kocani, which killed 59 young people and injured more than 150, has prompted preventive action by the authorities in Bulgaria. The fire service has launched additional inspections of nearly 260..
Dozens of people have responded to the call of the Pirogov Emergency Hospital in Sofia to donate blood in support of the victims of the fire in Kočani, North Macedonia. The campaign is organized by the Bulgarian Red Cross. It will..
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..
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..
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..
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