site.btaBulgarians' Savings Deposits Down 20% Since February - Expert 

The smallest savings deposits have dwindled by 20% since February, when double-digit inflation was registered in Bulgaria for the first time. People are more prone to dip into their savings accounts more often and this trend will deepen in the fall and winter, especially among those with lower incomes, Tihomir Toshev, a credit consultant, told BTA. 

Bulgarians' savings deposits are relatively small with over 80% of them being under BGN 5,000. People will continue resorting to their savings because the current income growth cannot catch up to the inflation rate. The resulting "hole" in the family budget will prompt many, especially those with lower incomes, to start spending their saved money, until it's gone. It's especially this group of people that should be helped by the State, which is happening in many European countries, Toshev said.