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
At the request of acting Prosecutor General Borislav Sarafov, the Prosecutors' College of the Supreme Judicial Council unanimously elected Vanya Stefanova as Deputy Prosecutor General. That is how Sarafov's deputies are now two...
A new traffic management system in front of Terminal 2 comes into force on January 9, the operator of Sofia Airport has announced. The Kiss & Ride concept is being introduced. The zone is specifically designed for short free..
Traffic at the border crossings of Bulgaria is normal, the Border Police has reported. However, about 200 trucks are waiting to cross the Danube Bridge and have parked on the boulevards in Ruse. The trucks are waiting because of..
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 ,..
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,..
A protocol for cooperation and exchange between the Ministries of Education and Science in Bulgaria and Ukraine for 4 academic years until 2028 was..
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