The introduction of moratorium on bank loan payments in Bulgaria has been postponed. On April 1 the Bulgarian National Bank had to come up with criteria for temporary public and private moratorium on bank loan payments. The extraordinary measure is adopted for clients who experience difficulties paying their bank loans due to the COVID-19 crisis. The EU Single Banking Authority delayed for April 2 the announcement of the uniform instructions and criteria for bank loan moratorium in the EU. BNB and the commercial banks operating in Bulgaria suppose that the measures for Bulgaria will be announced by the end of the week. The new measures must make sure that commercial banks will be able to maintain their capital adequacy over the next 9 months. Romania, Poland and Hungary already declared a moratorium on loan principals.
The political crisis can only be overcome by the return of principles to politics. Parties should clearly understand that their credibility is the key to their success, President Rumen Radev told journalists on the occasion of the upcoming elections...
Exactly 100 years ago, on the 12th of September 1924, St. Alexander Nevsky Cathedral was consecrated . The temple was built with public donations "in gratitude to the Russian people for the liberation of Bulgaria from the Ottoman yoke in 1878", on the..
The regional governor of Dobrich, Rumen Rusev, has sent the decision to hold a local referendum on the construction of wind farms back for further discussion. The Dobrich Municipal Council had decided that the local referendum should be held with..
Acting chairman of the Bulgarian Socialist Party (BSP) Atanas Zafirov has withdrawn the papers submitted yesterday for the BSP’s independent..
Bulgaria ranks second in the world in terms of bread consumption after Turkiey, reported BNT citing the Turkish news site Yenigün. According to the..
Before the start of the new school year, the ''Give a Book'' Foundation is collecting notebooks, plimsolls, pencil cases and backpacks filled with school..
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