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 Socialist Party (BSP) will not participate in talks with the Movement for Rights and Freedoms (DPS) for the second cabinet-forming mandate, the party's press centre said. The position of BSP is addressed to the chairman of the..
The Chairman of the GERB-SDS Parliamentary group, Boyko Borissov, sent an official refusal to the Movement for Rights and Freedoms (DPS) and confirmed the coalition's position that they will not participate in negotiations to form a government with..
The Movement for Rights and Freedoms (DPS) is against the attempts of the anti-European and pro-Russian parties to play with the topic of "referendum for the euro". In a position published by the press center of the DPS, the chairman..
The largest archaeological campaign ever conducted on Perperikon has begun, BTA reports. Prof. Nikolay Ovcharov, head of the research at..
After 17 MPs from the Movement for Rights and Freedoms, MRF, were expelled, among them the party’s other co-chair Dzevdet Chakarov, MRF MP Ahmed..
Greece’s Minister of Defence Nikos Dendias announced that Greece, Bulgaria and Romania are to establish a military mobility corridor in NATO’s Eastern..
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