Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

20% of borrowers will not be able to service their loans after the moratorium on them expires

Photo: Ani Petrova

Around 20% of borrowers will not be able to service their loans once the moratorium on them expires, Rayna Mitkova, President of the Association of Collection Agencies in Bulgaria declared during the Sound of Money Forum. “As restrictions are eased and the Covid-19 vaccine rollout goes ahead many people will want to go back to spending money with a free hand but we must be cautious with our personal finances”, Rayna Mitkova warned in an interview for BNR’s Marta Mladenova.

“At the same time money is depreciated by inflation and negative interest,” capital markets expert Anton Panayotov on his part stated and recommended investment in assets after consulting specialists. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Stanislav Balabanov

Bulgarian Parliament to issue declaration against sending Bulgarian soldiers to Ukraine

Over 70% of Bulgarians are categorically against sending a military contingent to Ukraine. This was stated by Dimitar Ganev from the sociological agency “Trend” in an interview for the Bulgarian National Radio. President Radev opposes sending..

published on 2/20/25 1:14 PM

No one has requested Bulgaria's participation in a peacekeeping operation in Ukraine

Nowhere and in no way has anyone discussed the issue of sending troops to Ukraine to participate in hostilities between Russia and Ukraine, Bulgaria’s Minister of Foreign Affairs Georg Georgiev told MPs in parliament. Foreign Minister Georgiev..

published on 2/20/25 11:34 AM
Photo: Consulate General of Bulgaria in Los Angeles

Beverly Hills declares March 3 as Bulgarian–American Friendship Day

On February 19th, the day when Bulgarians worldwide commemorate 152 years since the passing of the Apostle of Freedom, Vasil Levski, Bulgaria’s National Liberation Day, March 3rd, received special recognition in Beverly Hills.  Mayor Lester Friedman..

published on 2/20/25 10:09 AM