The Bulgarian National Bank (BNB) is introducing new measures to limit lending, announced by the Central Bank. Starting April 1 next year, the countercyclical capital buffer will be set at 2.25%. This marks the first change in a year and a half, as it currently stands at 2%. The supervisory authority indicates that at the...

Among the fears related to Bulgaria’s accession to the euro area, the main concerns are linked with inflation and financial sector instability that can spread across borders. While it is difficult to give a straightforward answer about inflation due to various influencing factors, there are clear indicators for the financial sector that show its resilience....