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

20% of borrowers will not be able to service their loans after the moratorium on them expires

Photo: Ani Petrova

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. 



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

Protesters in Sofia and Burgas call for maximum penalties for animal abusers

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 60,000 people have signed an online petition calling for life sentences. The killings, which..

published on 3/16/25 12:15 PM

Drop in temperatures expected on Sunday

On Sunday, the minimum temperatures will be from 10 to 15°C. In Sofia, it will be around 12°C. A cold front will pass through the country. Cloudiness will be variable, often significant, and from west to east there will be short, temporarily intense..

published on 3/15/25 6:15 PM
PM Rosen Zhelyazkov

Prime Minister says Bulgaria ready to participate in peace and security solution in Ukraine

Europe must continue to plan in a collective and coordinated manner its next steps in ensuring a just and lasting peace in Ukraine . Together with our European and transatlantic partners, Bulgaria is ready to participate in the peace and security..

published on 3/15/25 5:35 PM