19 January, 2023
Slight decrease in the non-performing loans (NPL) – despite deteriorating economic outlook, shows the latest report Risk Dashboard (RD), prepared by the European Banking Authority (EBA). NPL ratio fell just below 1.8% and their volume decreased by 1% in the third quarter of 2022 compared to the second quarter.  The NPL ratio for household exposures...
Read more
12 January, 2023
Non-performing loans (NPL) in the euro area will increase, bank lending will record a very slight growth in individual segments, while in the others it will decrease for the first time in years. These are the forecasts of Ernst & Young consulting company in its yearly economic report for the euro area countries. Government support...
Read more
5 January, 2023
The European Central Bank (ECB) will work for higher resilience of the financial system to macroeconomic and geopolitical crises, digital transformation and climate-related risks. ECB announced this at the end of December, presenting its priorities for banking supervision in 2023-2025. Geopolitical shock, caused by the Russian invasion in Ukraine increased the uncertainty in the development...
Read more
22 November, 2022
The financial stability of the euro area has deteriorated against a backdrop of elevated inflation, growing recession fears and tighter global financial conditions. This was noted in the latest report of the European Central Bank (ECB), dedicated to the financial stability among the countries, part of the European single currency system.  High inflation rate has...
Read more
8 November, 2022
Euro area banks tightened their credit standards for loans or credit lines in the third quarter of 2022, noted the latest lending survey of the European Central Bank (ECB). he survey was conducted among a total of 153 banks between 16 September and 4 October 2022. Most of the financial institutions said that they have further...
Read more
19 October, 2022
Credit growth in the Bulgarian banking sector will slow down, consumption will decline, and interest rates will rise by mid-2023. This was noted by experts from the Bulgarian national bank (BNB) in the latest “Macroeconomic Forecast”. The slow growth of lending is one of the factors that will limit private consumption, according to the Central...
Read more
13 October, 2022
The end of an era of cheap money will reveal a global debt problem, warns Reuters in an analysis, prepared by the agency columnist Hugo Dixon. The debt of governments, companies and households was 195% of global GDP in 2007, according to the International Monetary Fund. By the end of 2020 it had reached 256%....
Read more
29 September, 2022
Freelancers and self-employed are at greater risk of poverty and social exclusion, according to the European Statistical Office (Eurostat) data about 2021. Nearly a quarter of self-employed Europeans are in the risk category, with an increase of their share 1 percentage point compared to the previous year. This was the only category, classified by employment...
Read more