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 synoptic situation becomes more complicated next day . There will be short and at times heavy rain showers in the western part of Bulgaria during the night and in the rest of the country during the day. Winds will be moderate, at times strong, and..
For the first time Bulgaria has a specific deadline for joining the Organisation for Economic Co-operation and Development (OECD), caretaker Premier Dimitar Glavchev told journalists after a meeting with OECD Secretary-General Mathias Kormann. The two..
Thousands of Bulgarians took part in the national commemoration in the historic area of Oborishte in the Pazardjik region , where the first session of the first Bulgarian National Assembly was held in April 1876. Its deputies decided to proclaim the..
Children of different nationalities and their families will dye Easter eggs from 10.00 am to 14.00 pm in Canyon Park in Mladost residential district in..
A Latvian airline has started operating direct flights from Riga Airport to Sofia , TravelNews reported. The first flight took place on May 2,..
The weather conditions for mountain hiking are poor on Saturday, the Mountain Rescue Service said. It is raining on higher ground. There is fog..
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