Mortgage loans in Bulgaria have reached nearly EUR 17 billion – an absolute record in Bulgarian banking history, according to the latest data from the BNB’s monetary statistics. At the end of last year, the total granted mortgage loans amounted to EUR 16.8 billion, representing an over 28% increase on the year, the largest increase...

Bulgaria is among the European countries with the highest share of overdue payments to businesses, according to this year’s European Payment Report (EPR), which summarizes data from a survey of managers in 25 countries. CEOs of companies answer questions about overdue payments and business conditions over the past year and their expectations for this year....