Bank credits are cooling, but not in the household segment
The rate of growth fell from 13.5% to 10.25% last month, but the slowdown is basically due to company loans which fell by 5%. Household loans, however, have been steady with a slowdown of less than 1%, while mortgages are accelerating. This is because Bulgarian banks' interest rates on household credits have remained at a record low.
Case of Borissov's locker is now closed
There is no evidence to suggest that the prosecution service has been misled with manipulated pictures, nor has it uncovered evidence of money laundering, bribes or any other criminal activity, said the prosecutor, while closing the case of the most famous locker in modern Bulgarian history. The pictures of gold and cash next to the sleeping Prime minister fueled protests.
Another competition for gas drilling in Black Sea
The government has announced it's looking for an investor to prospect for gas & oil in the deep part of the Bulgarian economic zone in the sea. The procedure have been tried before, but no interest has been recorded. However, the need to find an alternative to the Russian gas might make it different this time.
Bulgarian stock exchange launches new index
BeamX will follow the small and medium enterprises going out public. The index will include up to 10 companies, which need to be traded for at least 6 months on the stock exchange.