The Bulgarian National Bank is to come up with criteria for public and private moratoriums on bank loan payments. The decision will be based on criteria developed by the EU Single Banking Authority, the BNB said. The measure aims to limit the economic and financial damage caused by the COVID-19 pandemic. In line with International Financial Reporting Standard, loans will be classified based on their default risk and schemes will be sought for their rescheduling and restructuring over time. On this basis, the BNB will allow commercial banks in Bulgaria to further develop their actions to curb the adverse effects of the COVID-19 pandemic on their customers
On Thursday , the lowest temperatures will range from 6°C to 11°C, for Sofia around 10°C. It will be mostly sunny during the day. In the afternoon, there will be temporary increases in cloud cover over the mountainous regions in the western half..
The Council of Ministers has approved and submitted to Parliament for debate amendments to the Criminal Code that increase the penalties for torturing animals and add new, more severe punishments if what is done is filmed for distribution. If..
The Bulgarian government today approved and submitted to the European Commission a request to amend the National Recovery and Resilience Plan. The renegotiation of the plan has been highlighted as a priority for the government of Rosen Zhelyazkov. The..
Finance Minister Temenuzhka Petkova has announced that Bulgaria is ready to join the eurozone. She made the statement at a business breakfast hosted by..
The traditional Bulgarian banitsa has ranked third in the Best Cheese Dishes list by Taste Atlas . The Bulgarian Banitsa with Cheese earned 4.5..
The reactors intended for Bulgaria's unrealised second nuclear power plant project - Belene - will not be sold. This was announced to journalists by..
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