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
The Bulgarian Socialist Party (BSP) insists that the Ministry of Foreign Affairs summons the Ambassador of the Republic of North Macedonia to explain comments made by North Macedonia’s Deputy Premier Aleksandar Nikoloski. In a TV interview he called..
Bulgaria is among the top 5 countries in the EU in terms of growth in the number of nights spent by visitors in the period Apr-June 2024 compared to the same period in 2023, Eurostat said. The data show that the country is establishing itself as a..
Parliament has adopted, in first reading, amendments to the Tourism Act that regulate the criteria for the designation of National Resorts. The designation will be made by a decision of the Council of Ministers on the proposal of the Minister of..
MEP Elena Yoncheva is in the city of Sanaa, Yemen, aiming to reach the port city of Hodeidah on the Red Sea. There lies the hijacked ship Galaxy Leader,..
In response to media reports that a company registered in Bulgaria supplied pagers to the Lebanese organization Hezbollah, which were subsequently..
GERB leader Boyko Borissov has called for the resignation of North Macedonian Deputy Prime Minister Aleksandar Nikoloski because of his..
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