Fast loans have been excluded from the moratorium on loan repayments introduced because of Covid-19, the Association for Responsible Non-Bank Lending has warned. This high risk and expensive product, which is not offered by commercial banks, is excluded from the guidelines of the European Banking Authority, followed by the BNB and the commercial banks in Bulgaria. The Association expects an increased demand for fast loans stemming from the economic damage caused by the pandemic and the fact that a large number of people will be left without income for several months.
On Wednesday minimum temperatures in the country will range from 7 to 12° C., for Sofia 9° C. During the day there will be sun, with clouds over the mountains in the afternoon and occasional rain in some parts. Maximum temperatures 19-24° C., for..
Bulgarian timber, rather than imported wood, is the primary raw material for the wood processing and furniture industry in Bulgaria, caretaker Deputy Minister of Agriculture, Food and Forestry Miroslav Marinov said at the official opening of the 20 th..
In 2021, the value added of the EU’s information and communication technology (ICT) sector was equivalent to 5.5% of the EU’s gross value added: 4.7% from ICT services and 0.8% from ICT manufacturing, Eurostat data show. Bulgaria is among the 3 EU..
For the early parliamentary elections in Bulgaria and the elections for European Parliament, which will be held on June 9, at this stage it is planned to..
Caretaker Prime Minister Dimitar Glavchev has proposed to President Rumen Radev changes in the composition of the caretaker cabinet , the government..
Today, President Rumen Radev will receive caretaker Prime Minister Dimitar Glavchev to discuss with him the proposed changes in the composition of the..
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