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.
Russia remains the main destabilizing factor in international security, it is emphasized in the report of the Military Intelligence Service for 2024, reports BGNES. The overview notes that the global security environment is characterized by the..
25% of workers are without an employment contract, the fight against the shadow economy should be a top priority for the state. This was stated on the occasion of Labor Day on May 1, Social Minister Borislav Gutsanov in Varna. For the minister, it is..
On April 30, a meeting was held in the US Congress building between a delegation from the Vazrazhdane party and Republican MP Keith Self, who is the vice chairman of the Foreign Affairs Committee in the US House of Representatives and chairman of the..
At a meeting at the Bulgarian Academy of Sciences (BAS), President Evelina Slavcheva and European Commissioner for Start-ups, Research and Innovation,..
Bulgaria ranks 70th in the latest Reporters Without Borders’ World Press Freedom Index. It remains at the bottom of the EU, as only..
A few days before World Thalassaemia Day on 8 May, doctors and families affected by the disease discussed ways of early diagnosis and prevention...
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