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.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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