Consumer loans increased in December with almost 18%, compared to the same month in 2017, according to BNB data. This means debt of over 4.5 billion euros for households. Housing loans have risen by more than 10%. At the same time, the increase in deposit accounts growth is slowing down. The BNB has repeatedly warned that rapid credit growth could create cyclical risks that could affect future interest rate hikes.
A contract for the search and exploration of oil and natural gas deposits in the Khan Tervel Block 1-26, located in Bulgaria's exclusive economic zone in the Black Sea, will be signed at an official ceremony in Sofia today. The agreement will be..
"In recent years, the collective body of the DPS has had serious problems - as a collective way of life, as a way of making decisions, as a relationship with living people, living voters, with the relevant serious problems and the..
Cloudy skies are expected across the country on Tuesday , with scattered rain in western Bulgaria. There will be light east-southeast winds, moderate in eastern Bulgaria. Lows will be between 5°C and 10°C, around 7°C in Sofia. Maximum temperatures will..
Finance Minister Temenuzhka Petkova has announced that Bulgaria is ready to join the eurozone. She made the statement at a business breakfast hosted by..
The traditional Bulgarian banitsa has ranked third in the Best Cheese Dishes list by Taste Atlas . The Bulgarian Banitsa with Cheese earned 4.5..
Eighth-grader Kaloyan Geshev from the 125th Secondary School Boyan Penev in Sofia won his 4th world title in mental calculation thanks to his..
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