“In 2022 inflation in Bulgaria will be brought under control,” Dimitar Radev, Governor of the Bulgarian National Bank, BNB, stated for bTV.
“Joining the Eurozone will push up incomes. It is no coincidence that the trade unions are among the biggest supporters of the process. The BGN-EUR exchange rate when the country switches over to the common currency will remain fixed at 1.95583 Leva per 1 euro. People’s savings accounts will automatically be changed over to euro. For a brief period, the two currencies will be used in parallel,” BNB’s governor stated.
Dimitar Radev added that there is a surge in the purchase of housing property, but that there is no “property market bubble”, and that citizens' bank accounts have been increasing.
The Council of Ministers has approved a Memorandum of Understanding between the Government of Bulgaria and Smart Solar Technologies AD to implement a priority investment project for a "Solar Panel and Cell Manufacturing Plant." This project will be..
For the first half of 2024, the fast loans reached over 3 billion euros, according to the Bulgarian National Bank (BNB) . In comparison, at the end of June 2023, the granted quick loans totalled 2.5 billion euros. According to the..
Natural gas prices are expected to decrease by around 2% in September, according to a forecast by Bulgargaz. This is clear from the request submitted to the Energy and Water Regulatory Commission (EWRC). The company informs that next month, the..
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