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.
The foreign ministers of Bulgaria, Romania, Greece and Croatia held a meeting within the framework of the general debate at the UN General Assembly in New York, Bulgaria’s Foreign Ministry has announced. The foreign ministers of the four..
Renowned Bulgarian pianist Marta Deyanova has died in London at the age of 77, her son Martin wrote on Facebook. Marta Deyanova graduated from the Bulgarian National Music Academy, and honed her piano skills at the conservatoire in Antwerp,..
A team of the international Red Cross visited a 25-member crew on board of the Galaxy Leader vessel, which was hijacked last year by the Iran-backed Houthi rebels and is docked in the port city of Hodeidah— a Houthi stronghold, AP reports...
The Central Election Commission held a draw to determine the order in which the parties and coalitions will appear on the ballot for the early..
The first coordination meeting with the participation of all structures involved in the contract for the acquisition of Stryker combat vehicles for the..
Bulgaria supports the United Nations' mission of having humanity's future shaped by development policies and not by military conflicts, President Rumen..
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