The introduction of moratorium on bank loan payments in Bulgaria has been postponed. On April 1 the Bulgarian National Bank had to come up with criteria for temporary public and private moratorium on bank loan payments. The extraordinary measure is adopted for clients who experience difficulties paying their bank loans due to the COVID-19 crisis. The EU Single Banking Authority delayed for April 2 the announcement of the uniform instructions and criteria for bank loan moratorium in the EU. BNB and the commercial banks operating in Bulgaria suppose that the measures for Bulgaria will be announced by the end of the week. The new measures must make sure that commercial banks will be able to maintain their capital adequacy over the next 9 months. Romania, Poland and Hungary already declared a moratorium on loan principals.
A Bulgarian businessman has been charged by the European Public Prosecutor's Office with attempted fraud with Chinese agricultural machinery. He tried to present the machinery as Bulgarian-made. A lawsuit has been filed in the Sofia..
Boyko Boris s ov, leader of the GERB-SDS coalition that won the parliamentary elections on October 27, announced he is withdrawing his candidacy for prime minister. At a briefing at the party headquarters he urged the PP-DB to..
Borislav Sarafov meets all the requirements and has the qualities to be elected Prosecutor General. This position was taken by the committees on attestation and competitions and on professional ethics at the Prosecutors College of the..
According to unofficial information, the Hungarian Presidency of the Council of the EU has drafted a decision for the full admission of Bulgaria and..
The first marble statue discovered in the ancient city of Heraclea Sintica on 3 July, is probably of Lucius – grandson of Roman Emperor Octavian..
The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian..
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