''The loss from Bulgaria's delayed membership in the Eurozone and Schengen is between 4% and 5% of the country's GDP'', Bulgaria’s Minister of Finance Assen Vassilev said in an interview for Nova TV. ''The business loses between EUR 250 million and..
With the adoption of the euro, Bulgaria will raise its credit rating and this will lead to a decrease in interest rates on loans, Acting Deputy Prime Minister for the Management of European Funds Atanas Pekanov told Nova TV , stressing that we are..
There is a slight shrinking of the real estate market in the country during the third quarter of the year. According to latest expert data, despite the expected increase in interest rates and in inflation, housing prices are still going up because..
Many Bulgarians have been recently searching for ground floor apartments with yard-terraces, residential properties with cozy gardens located in closed-type complexes, or apartments with large terraces offering stunning views, an analysis of..
In 11 years, less than half of the amount of the guaranteed student loans have been reimbursed to the state. Students refrain from borrowing money because of the high interest rates, although a total of EUR 20 million was earmarked for student loans..
Many of our compatriots do not know how to manage their finances and prefer to "freeze" their savings in long-term deposits for " rainy days" with unfavo u rable interest rates and even losses. Analysts attribute the growing..
In 2021, interest rates on loans will remain at last year's levels - 4.5% to 6.5% for consumer loans and between 2.5% and 3.1% for mortgage loans, Tihomir Toshev, Executive Director of Credit Centerconsulting company, forecasted in an interview for..
The interest rates on deposits offered by the commercial banks to the local households and companies have reached new historical lows and are very close to zero (those in Euro offered to Bulgarian firms decreased to 0.38% on an annual basis). The..
