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.
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 mountains in the afternoon and occasional rain in some parts. Maximum temperatures 19-24° C., for..
Bulgarian timber, rather than imported wood, is the primary raw material for the wood processing and furniture industry in Bulgaria, caretaker Deputy Minister of Agriculture, Food and Forestry Miroslav Marinov said at the official opening of the 20 th..
In 2021, the value added of the EU’s information and communication technology (ICT) sector was equivalent to 5.5% of the EU’s gross value added: 4.7% from ICT services and 0.8% from ICT manufacturing, Eurostat data show. Bulgaria is among the 3 EU..
For the early parliamentary elections in Bulgaria and the elections for European Parliament, which will be held on June 9, at this stage it is planned to..
Caretaker Prime Minister Dimitar Glavchev has proposed to President Rumen Radev changes in the composition of the caretaker cabinet , the government..
Today, President Rumen Radev will receive caretaker Prime Minister Dimitar Glavchev to discuss with him the proposed changes in the composition of the..
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