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.
Household electricity prices could go up by less than 30% as of 1 July, 2024, Energy Minister Vladimir Malinov announced at a briefing at the Ministry of Energy. Kozloduy Nuclear Power Plant has withdrawn the price proposal, and after..
Interdepartmental working groups will work towards the speedier implementation of the projects for the construction of new nuclear capacities at Kozloduy NPP and the Vertical Gas Corridor, the Council of Ministers press service has announced. The..
More than two years ago, Russia’s Gazprom Export suspended gas deliveries under the contract with Bulgaria’s Bulgargaz. Russia suspends natural gas supplies to Bulgaria After a two year’s delay, the new management of the state company..
The Constitutional Court has rejected the request by President Rumen Radev to rule that the termination of Lukoil’s concession of oil port Rosenets is..
63% of Bulgarians over the age of 18 say democracy is the best form of governance, 19% hold the opposite view, indicates a survey by Trend agency,..
On Friday minimum temperatures in the country will range from 6° to 11° C., for Sofia 8° C. In the morning there will be fog in the Western part of..
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