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 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 continues. Wildfire near border with Turkey expected to be contained on Saturday Wildfires,..
On Sunday a cold front will sweep across the country from West to East. There will be clouds and, in the afternoon, brief showers, thunderstorms and hail in many parts. There will be sun over Southeastern Bulgaria and along the Black Sea coast...
“For us this election has to be the last for the coming years. No more compromises with the people, with society or with the political system should be made,” said GERB leader Boyko Borissov addressing the party’s youth organization in Plovdiv...
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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