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.
The Bulgarian Parliament has finally postponed the liberalisation of the energy market for one year, starting from 1 July. The decision was taken with 152 votes in favour - of GERB-CDS, MRF, Vazrazhdane, "BSP for Bulgaria" and ITN. 35 PP-DB MPs..
"Money for salaries in the tourist sector has increased many times, but there are no staff in Bulgaria." This statement about the state of the tourism industry in Bulgaria was made by Veselin Nalbantov, Deputy Chairman of the Bulgarian Hotel and..
Thousands of miners and energy workers, members of the two main trade unions, the Confederation of Independent Trade Unions in Bulgaria (CITUB) and the trade union "Podkrepa", gathered in the area between the buildings of the National Assembly and the..
MEPs are concerned about Russian interference in the upcoming elections on June 9, and the properties on the territory of Bulgaria currently owned by..
On Wednesday minimum temperatures in the country will range from 7 to 12° C., for Sofia 9° C. During the day there will be sun, with clouds over the..
Members of Parliament observed a minute of silence to honor the victims of the Armenian Genocide in the Ottoman Empire (1915-1916). April 24 was..
Occasional showers
sunshine, cloud, rain and thunder
Rain