Official BNB statistics show stable and high growth in housing loans. According to the latest data for February, compared to the same period last year, the rise is 46%. The central bank also reported a decrease in the average interest rate for the month by 0.19 percent. Consumer lending also increased in February, although not as much as housing loans. Compared to the previous year, loans to households rose by 25% as the average interest rate in February was nearly 8 percent. The number of new deposits, compared to the same period last year, shrunk by half.
For two decades Bulgaria has known what it is striving for, Prime Minister Rosen Zhelyazkov said after a meeting with President of the European Council António Costa, who arrived on a three-day visit to Bulgaria. Zhelyazkov pointed..
Bulgarian President Rumen Radev begins his two-day visit to Warsaw at the invitation of his counterpart Andrzej Duda. In the Polish capital, he will participate in the 10th Summit of the “Three Seas” initiative to deepen cooperation in the energy,..
The Bulgarian National Bank is issuing a new silver commemorative coin from the “Bulgarian National Revival” series , the institution announced today. This time the coin is on the theme of “175 years since the birth of Zahari Stoyanov”. The..
Bulgaria’s President Rumen Radev discussed ways to boost trade and investment between Bulgaria and Poland during a meeting with representatives of..
A month after Bulgaria receives the green light to join the eurozone, all traders are obliged to have their prices in both Bulgarian..
Since the beginning of the year, Bulgaria has also met the price stability criterion for eurozone membership, Minister of Finance..
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