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...

Mortgage lending has created housing problems for many people, primarily young people and city-dwellers, according to a report by the European Central Bank (ECB) on the effects of stricter policies on housing loans in euro area countries. The study examines how mortgage lending tightening has led to rising rents and increased housing market inequality. According...

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...

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...

Non-performing fast loans have increased at the end of last year, according to data from the Bulgarian National Bank (BNB) as of the end of 2024. According to statistics, in December overdue non-bank loans reached nearly BGN 476 million, which is a 30.8% increase compared to the same month in 2023. This represents shares of...

Non-performing receivables in leasing have recorded their largest increase in a year and a half, according to data from the Bulgarian National Bank (BNB)  for the last quarter of 2024. At the end of December, they were nearly BGN 114 million – a 22.8% increase compared to September. The last time there was a significant...

Valentine’s Day has been a global marketing phenomenon for several decades. However, apart from romance, finances also play an important role in understanding within a couple. Whether you spend a significant amount on dinner and gifts or choose to watch romantic comedies at home, all of this has a financial expression. Different understandings about managing...

Machines, robots, and artificial intelligence (AI) are more capable than ever before and are already changing the world, businesses, and our way of life. Automated systems for processing and analyzing data, as well as predictive models for future development, are becoming increasingly accurate and precise. Just consider what happened on leading stock exchanges a few...

Non-performing loans (NPL) in Europe are rising in absolute value, but as a share of the total credit portfolio their growth is minimal, shows the latest EBA Risk Dashboard data, published by the European Banking Authority (EBA) as of the end of the third quarter of 2024. The report tracks asset quality and risks facing...