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
Caretaker Prime Minister Dimitar Glavchev committed to putting in place, during his term of office, legislative changes connected with the Council for Coordination of Policies for Bulgarians Outside the Country. “There is a 3-month deadline..
The Divine Liturgy will be served in the submerged church by the Zhrebchevo dam for the sixth year in a row on August 3 (Saturday) at 9:00 a.m. by Metropolitan Cyprian of Stara Zagora. The church was built in 1891 in the village..
On August 3 and 4th, we will celebrate the annual Rila Mountain Festival. It dates back to 1925 and is celebrated in the first days of August. Every year on these days thousands of mountain lovers from the country and abroad gather on..
Bulgaria introduces mandatory disinfection of vehicles at all border crossings because of outbreaks of small ruminant plague in Northern..
Sunny weather will prevail on Monday. There will be more significant increases in cloudiness over the northern and eastern regions of..
The fires in the south-western regions of Bulgaria continue , as more than 15,000 decares of forests have already burned. The battle..
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