The moratorium on loan repayments will not be extended for a third time. The end of the health-care part of the problem can be seen on the horizon, banker Levon Hampartzoumian has told bTV.
"But as the medical issues disappears, economic problems continue," Hampartzoumian said. If a company had an unsustainable business, the outcome for it would not be good both in times of a pandemic and without one, the banker added. "People who owe money should communicate with the financial institution they took the loan from. Do not expect banks to start asking for money the day after the end of the loan repayment moratorium. But banks must be convinced that they would receive the money back," Hampartzoumian said. He added that a wave of non-performing loans was not expected.
Education must make children not only knowledgeable but also good people, said Minister of Education and Science Krasimir Valchev at a meeting with His Holiness Daniil, Patriarch of Bulgaria and Metropolitan of Sofia. "We are discussing the..
"Only united will we preserve Bulgaria in the global turmoil. That bright Bulgaria of Levski, which relies on its own strength. The ancient Bulgaria that feels equal to the European nations. That fraternal Bulgaria of free people, which has defended..
The European Union must remain united and predictable in its overall support for Ukraine, Bulgaria’s Prime Minister Rosen Zhelyazkov said in his speech at the second emergency meeting on Ukraine, hosted by French President Emmanuel Macron, announced..
The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
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..
Partly Cloudy
Clear
Mostly Cloudy