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ECB takes over supervision of 5 Bulgarian banks

As of October 1, 2020, the Bulgarian National Bank (BNB) is cooperating with the European Central Bank. The accession of Bulgaria to the Banking Union has lead to the direct supervision by ECB of 5 commercial banks registered in Bulgaria - DSK,..

01.10.20 11:46 |

Finance Minister Vladislav Goranov: I see no reason to resign

Commenting on the civil protests running in Bulgaria for the past ten days, Finance Minister Vladislav Goranov said he saw no reason why his resignation should be requested at the moment. "I see no reason why I should withdraw from my post only 10 days..

20.07.20 17:24 |

Premier Borissov expects good news for Bulgaria from ECOFIN

Tonight we are to receive good news from the EU which will give a green light for Bulgaria’s accession to ERM-2 (the Eurozone waiting room) and the Banking Union.  There will be no more bankruptcies of Bulgarian banks and Bulgaria’s credit rating will..

10.07.20 12:02 |

Government approves Bulgaria’s commitments for joining Eurozone

The Borissov cabinet approved the assumption of commitments which Bulgaria must fulfil after it joins the Banking Union and ERM II, the European exchange rate mechanism which precedes accession to the Eurozone. According to the press service..

01.07.20 19:47 |
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