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.
Without debate and unanimously, MPs adopted amendments to the Gambling Act banning gambling advertising in the media. The only exception is the broadcast of the draws of the state-owned Bulgarian Sports Totalisator, under the Ministry of Youth and Sports...
The transition from Russian nuclear fuel from "TVEL" to the American fuel from "Westinghouse" will start in May with the loading of 43 cartridges in the reactor core of the fifth unit of the Kozloduy NPP. The process of replacing..
It is possible that some categories of civil servants employed in the security sector would be required to undergo military training. This was announced by caretaker Minister of Defense Atanas Zapryanov. He said that this was not..
For the first time Bulgaria has a specific deadline for joining the Organisation for Economic Co-operation and Development (OECD), caretaker Premier..
In May, natural gas will cost 54.70 Leva (EUR 27.93) per MWh, excluding the cost for access, transit, excise and VAT, the Energy and Water Regulatory..
The Council of Ministers reversed its decision last night for the construction of a private general hospital Mom and Me in Sofia, the government press..
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