Bulgaria is joining the Single Resolution Mechanism, the Bulgarian National Bank, BNB has announced.
As of 1 October, 2020, the European Central Bank is assuming direct supervision of Bulgaria’s financial institutions via the Single Resolution Board. The Board protects financial stability and taxpayers by developing plans for bank resolution and crisis management. Banks in Bulgaria will make contributions to the Single Resolution Fund which finances the restructuring. BNB will have a representative at the Single Resolution Board plenary session and extended executive session with equal rights and obligations as the other members, including the right to vote.
Bulgaria’s Minister of Foreign Affairs Georg Georgiev met with North Macedonia’s Foreign Minister Timco Mucunski during the Munich Security Conference. Georg Georgiev emphasized that Bulgaria's position regarding the European integration of North..
The weather will be cloudy during the next 24 hours. Snow will fall in the northeastern part of Bulgaria, which will spread to many regions of Northern Bulgaria during the day. It will rain in the southern parts of the country. Snowfall will be..
Expanding connectivity between Bulgaria and Turkiye is an investment in the development of the entire region, President Rumen Radev said at a meeting with Türkiye's Minister of Foreign Affairs Hakan Fidan within the framework of the Munich Security..
The Commission on Protection of Competition has requested information from producers and retailers of fast-moving consumer goods to determine the..
Kiril Petkov, co-chairman of We Continue the Change (PP), is to be tried over the arrest of GERB leader Boyko Borissov on March 17 2022 . Prosecutors..
On Saturday it will be mostly cloudy with occasional sunny spells in the Upper Thracian Lowlands. In eastern Bulgaria there will be light to moderate..
Cloudy
Overcast, rain
Cloudy
Occasional showers
Partly cloudy, chance of rain