21 May, 2025
Non-performing fast loans and those in leasing have increased in March, according to data from the Bulgarian National Bank (BNB). In parallel with the growth in lending in both sectors, overdue debts have also increased on an annual and quarterly basis. There is an increase in both value and share of overdue obligations as part...
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15 May, 2025
Almost half of Bulgarians are unable to cope with unexpected expenses, and nearly one-fifth struggle to make their mortgage payments on time, according to an analysis by the Institute for Market Economics (IME) based on data from the National Statistical Institute (NSI). Last year, the share of people living below the poverty line increased to...
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10 April, 2025
European companies are once again concerned about difficulties due to delayed payments, and tens of millions of businesses across the continent are at risk of closing, according to the new European Payment Report (EPR) from one of the leading debt management companies on the continent, published this week. The survey was conducted among the management...
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21 March, 2025
First decline in mortgage loans in years and a drastic reduction in loans where expenses exceed 50% of monthly income, according to the first report of the Bulgarian National Bank (BNB) since the measures introduced on October 1st. The new credit standards aim to limit mortgage lending. According to the data, the measures are already...
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12 March, 2025
Strong credit activity at historically low interest rates, rising salaries, and limited investment opportunities for household savings are the key factors driving up the housing market in Bulgaria, according to the latest “Economic Review, periodical issue of Bulgarian National Bank (BNB). Annual house price growth accelerated to 16.5% in the third quarter of 2024, up...
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