The Bulgarian National Bank (BNB) is extending the deadline for submission of applications by clients of commercial banks for deferral of liabilities payable to banks until September 30, 2020. The deadline for moratorium on liabilities of bank customers is extended until March 31, 2021. Extension of deadlines concerns deferral of liabilities payable to banks for which applications had not been submitted before June 22, 2020. The extension of deadlines comes after the Governing Council of BNB decided on July 9, 2020 to implement the guidelines of the European Banking Authority.
The ruling GERB party claimed that employers are in favour of a higher VAT rate, but employer organisations denied this, insisting that no such proposal had ever been made. This clarification followed a meeting between GERB leader Boyko Borissov..
Ninety participants representing 57 Bulgarian folklore ensembles from across Europe and North America gathered in Sofia for their fourth Creative Meeting and Seminar. The event was highly constructive, featuring useful workshops and guest lecturers...
The European Commission has disbursed €438.6 million to Bulgaria as part of the second payment under the Recovery and Resilience Facility (RRF). On 3 October 2025, the Commission partially approved the payment, stating that Bulgaria "still needs to..
Bulgaria consistently opposes proposals to remove the requirement for unanimity in decision-making within the framework of the EU’s Common Foreign and..
"As of today, there will be no acting mayor of Varna and the position will be held by the legally elected mayor Blagomir Kotsev," said..
President Rumen Radev has vetoed the legislative amendments related to the appointment of a special commercial administrator in the..
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