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 BNB, this is a rise of over 22%. For a year, Bulgarians have taken half a billion euros more. The share of quick loans for 2017 was EUR 1.4 billion.
For 6 years, the money distributed in the form of quick loans has increased by more than 120%. The recipients are mostly households - 70%, as they cover consumer needs with them. 91% of loans have a repayment term of more than 1 year.
The Consumer Protection Association calls on the next Parliament to adopt the measures approved by the European Parliament regulating quick loans and protecting consumers from falling into over-indebtedness, both to banks and to quick loan companies.
With record interest, Bulgaria's Ministry of Finance has successfully placed debt on international capital markets, the institution announced. Two tranches of bonds in euros were sold. The 10-year bonds were for 2 billion euros with an annual interest..
Public support for the euro in Slovakia is now over 80%. One of the important factors was that we managed to implement many reforms before entering the eurozone. This was said in an interview with the Bulgarian National Radio by MEP L'udovit Odor..
"The example of Croatia is very important, because at the same time when there was inflation after the adoption of the euro in Croatia, in neighboring Hungary, where the forint remained and the euro was not adopted, there was higher inflation, which..
With record interest, Bulgaria's Ministry of Finance has successfully placed debt on international capital markets, the institution announced. Two..
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