The management board of the Bulgarian National Bank has approved a procedure for deferring and settling outstanding liabilities to commercial banks in light of the state of emergency introduced in Bulgaria on March 13, 2020. According to the document, credit obligations could be deferred for up to six months because of the Covid-19 crisis.
Applications for deferrals may be submitted by 22 June. Three deferral options are provided. Only good payers will be able to exercise the right to defer credit payments.
Europe will have to reform its governance structures so as to speed up the decision-making process and mobilize its resources, said President Rumen Radev at the opening of the forum of The Economist taking place in Sofia. We cannot afford to..
“We shall submit a budget for stabilizing public finance,” Prime Minister Rosen Zhelyazkov said at a briefing at the Council of Ministers building. “I have full support and I am certain that GERB will give its solid support to this budget with a..
We do not expect there to be any significant changes in the expenditure section of the budget for 2025, but the capital programme will be amended, Petar Mishev from the Institute for Social and Trade Union Research at the Confederation of..
GERB never falsifies things and it is clear what the hole in the budget is due to. Let's humble ourselves a little and not try to shift..
The official start of the work of the “Vitosha” tunnel boring machine for the expansion of Line 3 of the capital's metro to the..
Bulgaria has fully implemented 7 out of 28 recommendations made by the Council of Europe's Group of States against Corruption (GRECO). 11..
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