Bulgaria's central bank BNB has adopted the guidelines approved by the European Banking Authority for private moratoria on payments in light of the Covid-19 crisis. Payment moratoria are seen as an effective tool to address short-term liquidity difficulties for clients. Many businesses and citizens now experience difficulties resulting from the impact of the COVID-19 pandemic. Therefore, the BNB wants commercial banks to propose, within 5 working days, a common draft with rules regarding moratoria on payments. The rules should not interfere with the maintenance of commercial banks' capital liabilities, the BNB informs.
Dozens of villages in Central Bulgaria are still without electricity, water and connection to mobile operators networks. The teams of the electricity distribution company in the Veliko Tarnovo region resumed their work this morning to eliminate the..
The Bulgarian Antarctic research ship "St. St. Cyril and Methodius" has successfully passed through the turbulent waters of the Drake Passage and is expected to arrive at Livingston Island soon. A Bulgarian polar expedition will explore the Ice..
In its latest digital section “Buildings Tell a Story”, the Regional History Museum – Sofia presents the stories of iconic buildings in the center of the Bulgarian capital city, as well as of the people who once lived in them. The video initiative..
Caretaker Minister of Energy Vladimir Malinov has ordered that by the end of the day, problems with the electricity supply in settlements affected..
As Bulgaria marks Father's Day, the Shared Parenting Foundation is organising a protest calling for legal changes to ensure that children of separated..
The situation continues complicated in many towns and villages in the country because of the fallen snow . Electricity has not been restored yet in..
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