The Bulgarian National Bank is to come up with criteria for public and private moratoriums on bank loan payments. The decision will be based on criteria developed by the EU Single Banking Authority, the BNB said. The measure aims to limit the economic and financial damage caused by the COVID-19 pandemic. In line with International Financial Reporting Standard, loans will be classified based on their default risk and schemes will be sought for their rescheduling and restructuring over time. On this basis, the BNB will allow commercial banks in Bulgaria to further develop their actions to curb the adverse effects of the COVID-19 pandemic on their customers
With shouts "No to the euro", about a hundred supporters of "Vazrazhdane" gathered to protest in front of the building of the Bulgarian National Bank (BNB) in Sofia. The protest is being held over a planned official visit of the..
It is theoretically possible that Bulgaria could apply for a third payment under the Recovery and Resilience Plan by the end of 2025, European Commissioner for Economy Valdis Dombrovskis announced in an interview with the Bulgarian..
Bulgaria is to participate in the prestigious Eurovision Song Contest, which will celebrate its 70th edition in 2026. The return is part of the Bulgarian National Television’s efforts to promote Bulgarian culture and talent to an..
With the blessing of the Holy Synod of the Bulgarian Orthodox Church, a mobile application for believers has been available on the..
For a month after the start of the implementation of average speed control on 12 road sections in the country, 33,288 files with..
It is theoretically possible that Bulgaria could apply for a third payment under the Recovery and Resilience Plan by the end of 2025,..
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