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Bulgarians got by EUR 20 B richer since 2004, shows an analysis of the UniCredit Bulbank on the households' financial assets.
In 2004 the Bulgarians had a little over EUR 7 B in bank deposits, stocks and other financial instruments. By the end of the year they would reach over EUR 26.9 B. Last year the assets were a total of EUR 24.94 B.
Eighty-two percent of them were in bank deposits, the rest was in stocks, mutual and pension funds and insurances. The forecast for next year is the total sum to reach EUR 28.8 B.
Debts, however, are also on the rise. In 10 years they increased five-fold – from EUR 2.3 B in 2004 to EUR 10.3 B this year. Forty-five percent of them are home mortgages, the remainder – consumer credits.
Estimates show that as of 2014 the net financial wealth of the Bulgarian households is EUR 17 B – the difference between assets and debts. The net growth in 10 years reached EUR 12 B.
The analysis of UniCredit Bulbank, quoted by the 24 Chasa daily, shows that Bulgarians are the poorest in Central and Eastern Europe. For comparison, the wealth of the households in Croatia was EUR 41.87 B, in Romania – EUR 48.6 B, Slovaika – EUR 46.6 B, the Czech Republic – EUR 118.4 B, Poland – EUR 323 B, Hungary – EUR 66.3 B and Russia – EUR 503 B.
With just 18 days to go until Bulgaria adopts the euro on January 1, consumer questions about payments are still coming in
Experts confirm that Bulgaria’s accession to the eurozone on January 1, 2026, remains on track, despite the recent government resignation
Scope Ratings has completed its latest review of Bulgaria and confirmed the country’s long-term credit rating at A- with a stable outlook, alongside short-term ratings of S-1/Stable
At the turn of the year, Bulgaria is preparing to enter 2026 without an approved state budget
In Bulgaria, the common perception that investing is reserved for the wealthy remains widespread, but recent analysis by Freedom24 shows that households can begin investing with modest amounts of 50–100 BGN (approximately €25–50) per month
The euro has been in use since 1999 as a non-cash accounting unit and since 2002 as physical currency.
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