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
Overnight, clouds over the north and east will bring brief showers. There will be light to moderate westerly winds which will increase in strength on Monday, veering north-west and bringing in cold air. Showers will be widespread, especially in the..
The Bulgarian Ministry of Foreign Affairs confirmed that there are no reports of Bulgarian citizens being injured in the fire in the Macedonian city of Kočani. The Bulgarian Embassy in Skopje is in constant contact with Macedonian authorities and..
Thirty-three Bulgarian winemakers are representing the country at the International Wine and Spirits Fair in Düsseldorf, Germany. Speaking at the opening of the Bulgarian stand, Deputy Minister of Agriculture and Food Stefan Burdzhev said:..
Bulgarian citizens and road hauliers should avoid traveling to Serbia on March 15 and 16 except in cases of extreme necessity , until the protest actions..
On Saturday, after the expected overnight rainfall, morning temperatures will range between 8°C and 13°C. In Sofia, it will be around 11°C. During the..
Europe must continue to plan in a collective and coordinated manner its next steps in ensuring a just and lasting peace in Ukraine . Together with our..
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain