Against the backdrop of increasing warnings from the Bulgarian National Bank (BNB) about the state of the housing loan market in the country
Bulgaria does not meet the inflation criterion and is not ready to join the Eurozone from January 1, 2025. This was expectedly stated by the European Central Bank
I'm certainly quite worried that there is a risk that we won't get any more money. I expect that from the second disbursement a huge part of the money
Investors in Bulgaria that receive state aid through Class A and Class B certificates will have to pay the money back if they violate conditions
In 2024, the Bulgarian budget will supplement the pension system with over 5 billion euros and so it may be necessary to take on new debt
The US Treasury has sanctioned the Bulgarian-registered company Freshvale for selling weapons to an unspecified African country
Following a year of decline, Bulgarian exports finally started to grow again. This is shown by the preliminary data of the country’s National Statistical Institute (NSI)
Every bank in Bulgaria can afford to provide a higher interest rate on deposits and lower their fees on their services and products
Artificial intelligence started to enter the Bulgarian banking sector a few years ago, and its most obvious areas of application are in process and sales optimization, customer service and risk assessment
The topic of banking consolidation in Bulgaria came up again last month with unofficial information about the sale of First Investment Bank (PIB)
