In September 2022, non-performing fast loans in Bulgaria increased with 23.2% year-on-year to a total of BGN 346.4 million (EUR 176.7 million), statistical data of the Bulgarian National Bank show. For comparison, a year ago the amount of bad loans amounted to BGN 281.1 million (EUR 143.7 million), or BGN 65.3 million (EUR 33.3 million) less than the current level. Demand for fast loans increased in 2022 reaching the pre-Covid levels. More than 70% of the amounts were granted to households.
At the end of the third quarter of 2022, the number of bank deposits of households decreased with 2.9% on an annual basis. Meanwhile, the amount of money deposited in banks increased. Deposits between BGN 50,000 (EUR 25,000) and BGN 100,000 (EUR 50,000) are prevalent.
In 2024, the real estate market in Bulgaria registered a significant rise, with prices increasing by around 16%, and the number of real estate transactions going up as well. Real estate prices along the Black Sea coast have continued to grow,..
The real estate market in Bulgaria has steadily been growing in the past few years. There has been talk of a price bubble, inflated to serious proportions at the time of the pandemic, though expectations that it is going to burst have come to nothing...
One of the key steps in the expansion of the underground gas storage at Bulgaria's Chiren gas storage facility, the construction of the above-ground infrastructure and the installation of new compressors, has already been completed, Energy Minister..
In 2024, the real estate market in Bulgaria registered a significant rise, with prices increasing by around 16%, and the number of real estate..
Partly cloudy, chance of snow
Rain / Snow
Mostly Cloudy
Значителна облачност със сняг
Wet snow