BNB: The benefits of introducing the euro in Bulgaria will be long-lasting
The benefits of joining the eurozone are significant and long-term, said Bulgarian National Bank (BNB) Governor Dimitar Radev, quoted by his institution
The benefits of joining the eurozone are significant and long-term, said Bulgarian National Bank (BNB) Governor Dimitar Radev, quoted by his institution
Fears of “debt-fueled spending” after the introduction of the euro in Bulgaria are unfounded. This was confirmed by the Governor of the Bulgarian National Bank (BNB), Dimitar Radev
According to the central bank governor, the number of skeptics in Bulgaria will decrease significantly after the introduction of the new currency
The budget deficit at the end of April was BGN 1.9 billion, or 0.9% of the forecast gross domestic product (GDP), according to preliminary data from the Ministry of Finance
The main reason for the adjustment is the incoming data on the strong economic activity in the country.
Last year, the bank regulator tightened the rules for housing loans and introduced new requirements for banks when granting mortgages
The total profit of Bulgarian banks for the period January – October 2024 reached 1.5 billion euros, according to data of the Bulgarian National Bank (BNB)
Bulgaria's trade deficit continues to expand and for the first nine months of 2024, it reached 3.5 billion euros, or 3.5% of the estimated gross domestic product
Against the backdrop of increasing warnings from the Bulgarian National Bank (BNB) about the state of the housing loan market in the country
The Bulgarian National Bank is not limiting the provision of mortgage loans by banks and is only escalating its monitoring. This was explained by BNB Governor
As soon as possible. This is how the Governor of the Bulgarian National Bank (BNB), Dimitar Radev, answered the question of when the Balkan country should join the Eurozone
The Bulgarian National Bank (BNB) lowered its expectations for the growth of the Bulgarian economy this year and next. This became clear
The Bulgarian National Bank (BNB) has lowered its growth expectations for the Bulgarian economy in 2024 and next year. The central bank now expects gross domestic product (GDP)
The Bulgarian National Bank’s (BNB) economic review report shows that commercial banks in the country have tightened their standards on granting corporate and mortgage loans