Bulgaria is joining the Single Resolution Mechanism, the Bulgarian National Bank, BNB has announced.
As of 1 October, 2020, the European Central Bank is assuming direct supervision of Bulgaria’s financial institutions via the Single Resolution Board. The Board protects financial stability and taxpayers by developing plans for bank resolution and crisis management. Banks in Bulgaria will make contributions to the Single Resolution Fund which finances the restructuring. BNB will have a representative at the Single Resolution Board plenary session and extended executive session with equal rights and obligations as the other members, including the right to vote.
The mission of the awakeners is a unique, entirely Bulgarian spiritual category – awakeners, a word imbued with the wisdom and the spiritual might of our people, the centuries-old pursuit of advancement and freedom, said Bulgarian President Rumen..
The caretaker government will not apply to the Constitutional Court for an annulment of the 27 October election for parliament, said caretaker Prime Minister Dimitar Glavchev. Only a court decision can change the results of election..
The Central Election Commission (CEC) does not have the right under the Election Code to correct the results of the vote after errors in the counting of votes and in the completion of the protocols, found in the video recordings,..
On Thursday morning visibility will be diminished in some valleys and parts of the lowlands. Along the Danube there will be fog. Minimum temperatures..
Nearly 30 people who had to fly to London with a low-cost airline were not allowed to board the plane at Sofia Airport. The flight was in the early..
Three Bulgarian companies have been sanctioned by the US for enabling the Russian military industry. According to the US Department of State and..
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