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 Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the Eurozone and for preserving the Bulgarian lev. Other parties and civil organizations are expected..
No Bulgarian soldier will go to Ukraine. This was stated by GERB leader and ex-premier Boyko Borisov in a video statement on his Facebook page. He pointed out that this was a decision of GERB and the party's parliamentary group from June 2024 and is..
The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This is shown by current data on the state of the sector, presented by the Minister of Agriculture..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
Bulgaria’s President Rumen Radev named Sofia Airport after the Apostle of Freedom Vasil Levski, the press secretariat of the head of state announced...
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