Author
Author 101 articles

Antoniya Simova
a.simova@economic.bg
The Bulgarian Ministry of Finance inflated budget revenues for 2025 by an incredible 10 billion euros
The Bulgarian Ministry of Finance is betting on an unprecedented annual growth in revenues and expenditures in Budget 2025

Bulgarian banks’ annual profits exceeded 1.5 billion euro, again
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)

Interview | Banks are now selling their bad loans much earlier and more often than before
The average amount of purchased receivables among the companies in our association is decreasing. In 2020 it was around 2,500 euros

First Investment Bank: from tenant to owner
First Investment Bank (FIB) acquired the building that has been hosting its headquarters for the past two years - Sofia Tech One

Smaller banks in Bulgaria give 2 to 3% interest on deposits
The significant growth of wages in Bulgaria in the last two years and people's preferences to invest their free funds mainly in deposits contributed

Inflation in Bulgaria is only 1 point away from the permissible rate for the Eurozone
Inflation in Bulgaria continues to inch closer towards the permissible limits for Eurozone admission. At the end of September, the country’s indicator was only 1 percentage

"There’s shortage of people": Bulgarian retail is looking for staff abroad and is also digitizing
The demographic crisis is a deep process that began in 1961 when the last natural population increase in Bulgaria was recorded

Allianz expects wages and credits to keep inflation in Bulgaria above 2%
Inflation in Bulgaria will hover above 2% over the next two years, supported by wage and credit growth, and consumption will remain the engine of the economy