Bulgaria's central bank BNB has adopted the guidelines approved by the European Banking Authority for private moratoria on payments in light of the Covid-19 crisis. Payment moratoria are seen as an effective tool to address short-term liquidity difficulties for clients. Many businesses and citizens now experience difficulties resulting from the impact of the COVID-19 pandemic. Therefore, the BNB wants commercial banks to propose, within 5 working days, a common draft with rules regarding moratoria on payments. The rules should not interfere with the maintenance of commercial banks' capital liabilities, the BNB informs.
Bulgaria has given up the fight for reforms and investments under the Recovery and Resilience Plan (RRP), former caretaker deputy prime minister for EU funds Atanas Pekanov told BNR. He said that Nikolai Denkov's government had made a serious mistake by..
The new Bulgarian Patriarch, Daniil, has spoken out in favour of reconciliation within the Orthodox churches. "There is a broken communion between some Orthodox churches, which we should try to overcome," he said in response to a question from the..
The first youth cycling festival "Sofia Bicycle Show", organized by "Sofia - World Capital of Sports" will take place today in the renovated Zapaden Park in the capital city. Children will compete on a completely safe and..
Sunday will be sunny and hot. There will be weak to moderate northeasterly wind. Temperatures will continue to rise and the highest..
If a referendum was held on whether to continue the country's membership in NATO, 59% of Bulgarians would answer affirmatively,..
The 17 th classic car and motorcycle parade is to take place in Burgas’ Primorski Park from 10 AM until 2.30PM today. More than 150 collectors from..
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