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.
The Black Sea is one of the fastest warming seas in the world . By the end of the century, wind speeds in the region are expected to increase, rainfall is expected to increase and air pressure is expected to rise. The regions of Varna, Dobrich and..
Bulgaria's Minister of Culture Nayden Todorov has signed two important international documents, thanks to which Bulgaria will cooperate with Australia, as well as with Romania, Croatia and Serbia in the field of studying, preserving and promoting..
Travellers at Sofia Airport's Terminal 2 can now enjoy a new lounge area that combines a modern relaxation area with a shared workspace. Announced on its Facebook page, the new space offers international travellers from the Schengen area access to..
A fire broke out in a fireworks warehouse complex between the town of Elin Pelin and the village of Gara Elin Pelin near Sofia, the BTA news agency..
The man injured in the explosions at a fireworks warehouse near the village of Elin Pelin has died. The doctors did everything they could, condolences to..
Bulgaria's Minister of Culture Nayden Todorov has signed two important international documents, thanks to which Bulgaria will cooperate with Australia, as..
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