2.47 million Bulgarians have loans, some have more than one, Bulgarian National Bank statistics show.
The names of practically all Bulgarians of working age are on the Central Credit Register, and every Bulgarian household has at least one loan to pay. A total of 5.433 million credits have been taken out worth 39 billion euro, 28 billion of which granted by banks to 3 million customers. 1.2 billion euro has been granted by fast loan companies. 79 percent of all credits are in Leva. The average consumer credit payment is 150 euro per month, and the average mortgage credit payment - 300 euro per month. The number of bad loan payers has gone down by half in 2018, their accumulated debt amounting to 720 million euro.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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