Bulgarian Housing Market Predictions For 2024: Stable Year And Increase In Prices
This information was shared during the presentation of data on the current state of the market to journalists
Corporate Commercial Bank (CCB) is stable, with high liquidity and capital adequacy and is functioning normally, said the bank press office in a statement.
“CCB is the fourth largest bank in Bulgaria and continues to be subjected to deliberate media pressure and speculations, which aim at its destablization and put at risk the stability of the entire banking sector of the country,” the statement reads.
The bank senior management reassured the public that at the moment the bank was stable. “We believe that our clients are reasonable people and will not let the vilifying media campaign to achieve its goals,” the statement said. “The attempts to create the wrongful impression that the deposits in the bank are at risk are a manipulation, which, combined with spreading of rumours, creates misleading news.”
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Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
The National Statistical Institute reports that in 2023, the poverty line for the entire country stood at 637.92 BGN per person per month within households
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022