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.
A total of 60 officers from the Bezmer and Kabile units are on the ground with equipment for firefighting, Bulgaria's Defence Minister Atanas Zapryanov told bTV. About 440 personnel, in 15 formations in southern Bulgaria and seven formations in..
For the seventh day now the efforts to put down wildfires in the area of the border municipality of Bolyarovo, near the border with Turkey, continues . There is no danger to settlements, but the outbreaks between the villages of Voden and Golyam Dervent..
At 11.00 a.m. today, President Rumen Radev will hand over a mandate to form a government to the candidate for prime minister, nominated by the second largest parliamentary group in the 50th National Assembly - that of "We Continue the Change-Democratic..
A total of 60 officers from the Bezmer and Kabile units are on the ground with equipment for firefighting, Bulgaria's Defence Minister Atanas Zapryanov..
A state of emergency remains in force in seven villages in the border municipality of Bolyarovo. The fight against the fire at the village of Voden..
A fire has started in Greece a kilometre and a half from the Bulgarian border and is slowly moving towards it. The fire is located in an extremely..
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