Bulgaria: new loan restrictions take effect

Starting on October 1, new restrictions imposed by the Bulgarian National Bank (BNB) on housing loans took effect. Under these regulations, commercial banks are prohibited from lending more than 85% of the property’s market value. Additionally, the maximum repayment period for mortgage loans is capped at 30 years, and borrowers’ monthly installments cannot exceed 50%…

Ukraine: substations in Kharkiv and Zaporizhzhia regions were shut down due to hostilities

During the day on September 29, engineers restored power supply to 27,400 consumers who lost power due to hostilities and technological disruptions. This was reported by the Ministry of Energy. “As of the morning of September 30, 484 settlements remained partially or completely de-energized due to hostilities and technical violations,” the statement said. During the…