The introduction of moratorium on bank loan payments in Bulgaria has been postponed. On April 1 the Bulgarian National Bank had to come up with criteria for temporary public and private moratorium on bank loan payments. The extraordinary measure is adopted for clients who experience difficulties paying their bank loans due to the COVID-19 crisis. The EU Single Banking Authority delayed for April 2 the announcement of the uniform instructions and criteria for bank loan moratorium in the EU. BNB and the commercial banks operating in Bulgaria suppose that the measures for Bulgaria will be announced by the end of the week. The new measures must make sure that commercial banks will be able to maintain their capital adequacy over the next 9 months. Romania, Poland and Hungary already declared a moratorium on loan principals.
Sunday will be cloudy. A cold atmospheric front from the west will bring rainfalls. In the western mountainous regions of Bulgaria, the rain will be mixed with snow. The lowest temperatures will be between 2° and 7°C; in Sofia –..
At a ceremony in the presence of President Rumen Radev, the Bulgarian flag was raised on a 21-meter pylon in the Zvezdata area near Etropole. “Today, we all raise our voices that in a time of division for the world, we will..
A requiem liturgy has been served in the St. Nedelya cathedral on the occasion of the first anniversary of the death of Bulgarian Patriarch Neophyte. He became patriarch on February 24, 2013. “We know and remember Patriarch..
Foreign Minister Georg Georgiev today received at the Foreign Ministry Susan Falatko, who arrived in Sofia a few days ago as Charge d'Affaires of the U.S...
The Ministry of Foreign Affairs has advised Bulgarian citizens to avoid traveling to Greece because of a planned national strike today. The Foreign Ministry..
The number of pensioners in January this year increased by 15,630 people, or 0.8%, compared to the first month of the previous year, the National Social..
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