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Bulgarian National Bank

Bulgarian National Bank to restrict mortgage loans as of 2021

The Bulgarian National Bank has taken a decision to restrict mortgage lending. The Board of Directors has decided to increase the capital buffer for banks' risk loans from 0.5% to 1% from 2021. The measure aims to ensure that vaults have sufficient..

23.09.21 10:06 |

IMF recommends that Bulgaria adopt flexible policies because of the Covid-19 shock

In 2020, the Bulgarian economy contracted by 4.6%. In 2021, it is set to rebound and grow by up to 3.6%, reads the conclusion of experts from the International Monetary Fund made within the traditional consultations.  IMF recommends that Bulgaria..

01.02.21 19:28 |
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