The Bulgarian National Bank is to come up with criteria for public and private moratoriums on bank loan payments. The decision will be based on criteria developed by the EU Single Banking Authority, the BNB said. The measure aims to limit the economic and financial damage caused by the COVID-19 pandemic. In line with International Financial Reporting Standard, loans will be classified based on their default risk and schemes will be sought for their rescheduling and restructuring over time. On this basis, the BNB will allow commercial banks in Bulgaria to further develop their actions to curb the adverse effects of the COVID-19 pandemic on their customers
Bulgaria’s accession to the eurozone is the next major priority after the country’s full membership in Schengen. "The eurozone is at our doorstep", caretaker Premier Dimitar Glavchev said. He made this comment at the beginning of the first government..
The Council of Ministers adopted a decree amending and supplementing the 2011 regulation on the conditions and procedure for issuing visas and determining the visa regime. It synchronizes the legal framework with the requirements of the Schengen..
Democratic Bulgaria stated in a message to the media that the nominations for prime minister and the composition of the Council of Ministers should be discussed at a leaders' meeting and after reaching a final agreement on the governance pact...
At the end of 2024, Bulgaria's macroeconomic indicators fully met the Maastricht criteria for Eurozone membership, BGNES informs...
The metapneumovirus is not new and does not lead to severe illnesses. There is already a decrease in morbidity in China and there are no deaths there,..
From 2 April 2025, the UK will introduce the issuance of an electronic transit and short-term residence permit for citizens of all EU countries ,..
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