The average amount of newly granted loans secured by residential real estate is steadily rising - from EUR 80 thousand in 2022 to EUR 92 thousand in the third quarter of 2023 under the influence of the price rise of residential properties. The average debt repayment period rises from 24.2 years in 2022 to 25 years in the third quarter of 2023. Longer repayment increases interest rate risk and the probability of losses, according to an analysis prepared by the BNB and cited by the web site "Pariteni".
47% of Bulgarians disagree with the statement that Bulgaria's entry into the euro area will boost the Bulgarian economy and raise their living standards. This is the result of a national survey conducted by the Market Links agency between 27 April and..
The Organisation for Economic Co-operation and Development (OECD) forecasts an acceleration in Bulgaria's economic growth from 1.8% in 2023 to 2.5% in 2024 and to 2.9% in 2025 as public investment increases along with EU funds. OECD expects inflation..
MPs have agreed to extend the 0% VAT on bread and flour, which was due to expire on June 30, until the end of 2024. Under the GERB proposal, traders will be allowed to add a maximum of 15% profit margin on bread, but the proposal is limited to the most..
47% of Bulgarians disagree with the statement that Bulgaria's entry into the euro area will boost the Bulgarian economy and raise their living standards...
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