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.
Twenty-five bar associations from across the country have called on the Supreme Judicial Council, which has an expired mandate, to suspend the process of electing a new Prosecutor General and a new President of the Supreme Administrative Court. They..
"The calls to suspend the procedure for the election of the President of the Supreme Administrative Court and the Prosecutor General are a call for the Supreme Judicial Council to violate the Constitution, which is unacceptable," the Supreme Judicial..
President Rumen Radev has called on Bulgarian politicians and parties to resolve their "family issues" and restore Bulgaria's leadership in the Balkans "in a broader regional perspective". "It is high time to take our heads out of the sand, stop..
Right before the two military pilots training for an air show crashed their plane in the critical seven seconds of the flight there was no communication..
A letter of intent covering military activities between Turkiye, Romania and Bulgaria was signed in Brussels by the defence ministers of the three..
A fire broke out in the Varna office of a party which was represented in the last National Assembly and which is contesting the forthcoming elections on 27..
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