The European Central Bank (ECB) and the Bulgarian National Bank (BNB) set up a swap line for EUR 2 billion.
Under the agreement the Bulgarian National Bank will be able to borrow up to EUR 2 billion from the ECB in exchange for Bulgarian Leva, the maximum maturity for each drawing being three months. The line will be activated when the need arises and is set up as an additional precaution because of the Covid-19 crisis.
The setting up of a swap line between the ECB and the BNB to ensure euro liquidity was welcomed in a telephone conversation by Prime Minister Boyko Borissov and the President of the European Central Bank Christine Lagarde.
On Friday, the minimum temperatures in Bulgaria will be between - 20°C and - 5°C. In Sofia, it will be around minus 13°C. During the day, it will be mostly sunny. There will be a weak, in the eastern regions to moderate wind from the..
Hacker group Ransomhouse announced on its website that it has data leaked from the information systems of the Supreme Administrative Court. As evidence, documents with lists of names and personal data of employees, as well as various documents have..
The situation in the country illustrates the urgent need for the state to create conditions for holding more farmers' markets, where farmers can sell their produce directly to consumers. This was stated by the Bulgarian Farmers' Union in connection..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
The Ministry of Foreign Affairs recommends that Bulgarian citizens traveling or residing in Canada keep themelselves well-informed about the current..
The Ministry of Finance published the 2025 draft budget and the medium-term budget forecast for the 2025-2028 period. The projected deficit for 2025 is..
+359 2 9336 661