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
One out of five Bulgarians has received support from the European Social Fund during the past 7 years, caretaker Minister of Social Affairs Ivaylo Ivanov said at the "Europe is with me" forum, organized by the "Human Resources..
Bulgarian Minister of Defense Atanas Zapryanov takes part in the B9 Defence Ministers Meeting, chaired by Romania and Poland. The forum takes place in Bucharest. Minister Zapryanov spoke on Tuesday evening with his Romanian..
The visit of North Macedonian President Gordana Siljanovska-Davkova was on the occasion of a cultural event - the visit of the National Opera and Ballet of North Macedonia to Sofia, and did not have the character of a state, official..
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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