The latest significant increase in residential loans in Bulgaria has led to various interpretations by economists and analysts. Annual growth in residential loans reached nearly 27%, while consumer loans grew by 14%, according to Bulgarian National Bank (BNB) data at the end of June. In corporate lending volumes grew more modestly, by about 9% on...

Europeans expect a decline in their disposable income, an increase in property prices, and a slight rise of inflation, according to the latest European Central Bank’s (ECB) Consumer Expectations Survey conducted in April. Inflation perceptions have not changed over the past 12 months but are expected to increase next year. At the same time, Europeans...

Consumers in the euro area expect weak growth in real estate prices over the next 12 months, while their forecast for mortgage interest rates is to fall, shows the latest regular survey of the European Central Bank (ECB), conducted in June among 19 000 participants in euro area countries. Citizens of these countries hope that...

More than one-third of the European consumers (35%) have skipped at least one bill in the last 12 months – the highest proportion since 2019. Three quarters (76%) of consumers are only just breaking even or overspending each month, with an average overspending per person of EUR 232, according to this year’s annual edition of...