Bulgarian banks are in much better condition before the crisis with the CCB

04.01.2016
Bulgarian banks are in much better condition before the crisis with the CCB

Banks in Bulgaria are in much better condition than the time before the crisis with the CCB. It said American economist prof. Steve Hanke.

According to Hanke lending in the country has shrunk after the crisis with the CCB. He said that the banking system in the country has stabilized and is now in much better shape than before the crisis.

The economist said that the crisis in Greece is much more severe than expected. However However, he believes that Greece's problems could have a good influence on our country. Because of the crisis in our southern neighbor, Greek investors are turning to Bulgaria, because it found a safe place for business creation.

At the same time, however, the refugee crisis is growing rapidly and would be a huge problem for all Balkan countries as well as Bulgaria.

According to Hanke, depreciation of the dollar is the most important financial event of 2015.

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