Fast loans have been excluded from the moratorium on loan repayments introduced because of Covid-19, the Association for Responsible Non-Bank Lending has warned. This high risk and expensive product, which is not offered by commercial banks, is excluded from the guidelines of the European Banking Authority, followed by the BNB and the commercial banks in Bulgaria. The Association expects an increased demand for fast loans stemming from the economic damage caused by the pandemic and the fact that a large number of people will be left without income for several months.
Prime Minister Rosen Zhelyazkov said that the state’s representative at Lukoil could include more than one appointed manager, in line with upcoming legal changes. He added that the names of the candidates for special manager or managers would be..
November 10 marks 36 years since the symbolic beginning of the transition from a one-party system to democracy in Bulgaria. The day after the fall of the Berlin Wall a plenum of the then ruling Bulgarian Communist Party ousted its..
Seven-year-old Magdalena Stoyanova from art school "Kolorit" in Pleven received a gold medal and a distinction from the international children's drawing competition "Health 2025". The award ceremony took place in Sao Paulo,..
The Sofia City Court has postponed the extradition case of Igor Grechushkin, the owner of a cargo ship linked to the explosion at the port of Beirut in..
November 10 marks 36 years since the symbolic beginning of the transition from a one-party system to democracy in Bulgaria. The day..
The Road Infrastructure Agency (RIA) has proposed the introduction of temporary restrictions on the movement of heavy trucks weighing over 12 tons along..
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