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
The Technical University of Sofia is probably the only institution in Bulgaria to offer bachelor's and master's programmes in three additional languages - English, German and French, reports 24 Chasa Daily. Global giants such as IBM, NIDEC, Shwarz and..
On Wednesday morning, visibility will be reduced in places in the plains and valleys. Minimum temperatures will be between minus 10 and minus 4°C, reaching minus 14°C in some basins. In Sofia it will be around minus 10. During the day, clouds will break..
All international airports in Bulgaria will be equipped with anti-drone systems. This was agreed upon by Deputy Premier and Minister of Transport and Communications Grozdan Karadzhov and representatives of the airports in Sofia, Varna, Burgas,..
Bulgaria is participating at the Lisbon Food Affair (LFA) – the largest food trade fair in Portugal, which opened today and will run until..
The parliamentary group of DPS-Democracy, Rights and Freedoms, affiliated with Ahmed Dogan declared they were categorically opposed to the appointment..
By the end of September, Bulgaria will receive eight F-16 Block 70 fighter jets, Minister of Defence Atanas Zapryanov has told Nova..
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