Bulgaria Cuts Student Loan Interest from 7% to 3% to Support Education
Bulgaria’s Parliament has approved changes to the Law on Lending to Students and Doctoral Students, reducing the interest rate on student loans from 7% to 3%
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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, BNR reported.
During the night, cloud cover will shift toward western regions but will gradually clear, leaving most of the country with mostly clear skies by morning.
A total of 326 Bulgarian citizens are returning from Dubai today on a special flight organized by the state. Gulliver Airlines is operating the Airbus A330-203, departing from Sofia in the early afternoon and arriving at Al Maktoum International Airport i
The process of bringing Bulgarian citizens home from the Middle East is ongoing, as authorities continue to coordinate evacuations from several countries in the region
The Sofia Municipality has completed contractor selection procedures for two waste management zones in the capital: Zone 2, covering Vazrazhdane, Oborishte and the central part of Triaditsa, and Zone 5, which includes Iskar, Kremikovtsi and Pancharevo
On Friday, March 6, Bulgaria will experience varying weather across its regions. In the eastern part of the country, skies will remain mostly cloudy, with light rain possible in some areas during the afternoon
In Razlog, medical staff faced two unusual cases within a single week, where broken limbs of young children were immobilized using cardboard instead of proper splints.
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