Student loans in the United States

Demand for Student Loans in Bulgaria Lowers over High Interest Rates

In 11 years, less than half of the amount of the guaranteed student loans have been reimbursed to the state. Students refrain from borrowing money because of the high interest rates, although a total of EUR 20 million was earmarked for student loans in 2021. In 11 years, only 1,274 students have applied for a student loan.

Banks grant new loans amounting to 84 billion lei in 2020, one third of balance of non-government credit

The new loans extended by Romanian banks to the population and companies, which amounted to 84 billion lei last year, a year marked by the COVID 19 health crisis, are slightly above the level of new loans accessed in 2019 and holds a share of almost one third in the balance of non-government credit, according to the Romanian Association of Banks (ARB).

Subsidies program must go on

The Investment Committee of the "Save At Home II" fund (Exikonomisi Kat' Oikon II) convened this week to ensure that the home improvement projects included in the first and second cycles of the state subsidies program would continue to be implemented, giving economic activity something of a small boost in what is a very difficult period.

Commission approves Greek plan to protect primary residence

The European Commission said on Thursday it has accepted Greece's plan to protect the primary residencies of debtors who cannot repay their mortgage loan.

"The Commission concluded that, with respect to individuals, including those performing an economic activity, the measure does not involve any state aid," it said in a press release.

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