Financier Predicts Bulgaria Will See Gradual Rise in Loan Interest Rates

Financier Levon Hampartzumyan has forecast a gradual rise in loan interest rates in Bulgaria, noting that current levels are historically very low and cannot be sustained indefinitely. Speaking on bTV, he stressed that such an increase is a natural development rather than a cause for alarm.

Hampartzumyan praised the transition to the euro, saying it had proceeded more smoothly than expected and that several anticipated risks had not materialized....