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.
Toll system cameras are now synchronized with the Interior Ministry system. This means that drivers driving in the emergency lane will be monitored and penalized, said Interior Minister Daniel Mitov . “All drivers should know that after the..
Monthly inflation stands at 0.4%, and annual inflation at 4.4%, the National Statistical Institute has announced. In May, the annual inflation stood at 3.7%, the highest since December 2023. The acceleration of the annual inflation rate in..
Starting this autumn, the Ministry of Labor and Social Policy will launch a program aimed at attracting Bulgarians from abroad. More than EUR 33 million will fund the initiative "I Choose Bulgaria", reported 24chasa.bg. The goal is to bring workers..
Starting this autumn, the Ministry of Labor and Social Policy will launch a program aimed at attracting Bulgarians from abroad. More than EUR 33..
“Entering the Eurozone does not present any risk to Bulgaria. Adopting the Euro can only serve as a powerful accelerator for our economic growth,”..
The Sofia Regional Prosecutor’s Office has indicted 6 individuals for hooliganism in front of the European Commission and European..
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