FlixBus Expands Routes from Bulgaria: New Connections to Thessaloniki, Athens, and More
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
The expectations of the experts are 2019 to be stable on the credit market - both in terms of mortgage loans and consumer loans. This was stated by the credit consultant Tihomir Toshev, reported BNT.
Interest rates at the end of this year are between 2.95% and 3.6%, which shows a further decrease. This year, many Bulgarians have withdrawn mortgage loans, their level being the highest since 2008, Toshev noted. According to him, the world trend is to raise interest rates, but in Bulgaria the interest rate is expected to be low, and it may happen after the middle of next year.
Those wishing to buy housing are mainly in the big cities, but next year the real estate market is expected to stabilize.
''We must carefully evaluate our capabilities in such a serious step'', Toshev added. When repaying the loan, the most common formula is that the payment does not exceed 30% of the monthly income. The credit consultant added that it is unreasonable to withdraw such a loan if our income is less than BGN 1,000. With higher incomes, the debt ratio may be higher.
There is an increase in consumer credit withdrawals, with the main mistake being to withdraw credits without needing them. This is most often done when purchasing consumer equipment, furnishings or excursions. Toshev called for this to be done with money which are saved.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
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
February witnessed a surge in remittances from Bulgarians residing abroad, reaching a remarkable EUR 110.5 million, marking the highest value since last July
Amidst financial fluctuations and strategic fiscal decisions, Bulgaria's Minister of Finance, Lyudmila Petkova, unveils the nation's robust fiscal reserve, standing tall at BGN 10.9 billion as of April 18th
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022