In 2023 interest on home loans could go up by up to 5%, on consumer loans – by up to 10%, financiers say, citing the policies of the European Central Bank and the US Federal Reserve for harnessing inflation.
The rise in interest rates has affected the Bulgarian National Bank as well, and it too has raised the base interest rate to 1.3% for December. This, experts say, is a sign of the tendency that loan interest rates are going up. The average interest rate on mortgage credits is expected to reach 4-5% at the end of next year. At the moment the average home loan interest rate is 2.48%. Interest on bank deposits is also going up, though at a slower rate.
Currently there is no risk of stopping the transit of natural gas from Russia through Bulgaria to other countries. This is what the Russian state agency TASS writes after Bulgarian Energy Minister Vladimir Malinov warned that..
Bulgarian citizens in UK, who are accused of spying for Russia, planned to kidnap a Russian investigative journalist and take him off the island by boat, it became known at the last session of the trial at the Central Criminal Court..
It is too early to predict how the events in Syria would affect the war in Ukraine. This is what EU Defense Commissioner Andrius Kubilius said in a blitz interview with BNR - Horizont. The European Commissioner recalled that according..
The decision to scrap Schengen border checks by land for Bulgaria and Romania has been included as the first item on the agenda of the EU Justice and..
On Tuesday, the weather will be predominantly cloudy with rain, more significant precipitation is in the forecast for Eastern Bulgaria. The..
The Sofia Regional Health Inspectorate has reported the country's second case of monkeypox this year, registered last week.The infected person is 37..
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