Bulgaria is joining the Single Resolution Mechanism, the Bulgarian National Bank, BNB has announced.
As of 1 October, 2020, the European Central Bank is assuming direct supervision of Bulgaria’s financial institutions via the Single Resolution Board. The Board protects financial stability and taxpayers by developing plans for bank resolution and crisis management. Banks in Bulgaria will make contributions to the Single Resolution Fund which finances the restructuring. BNB will have a representative at the Single Resolution Board plenary session and extended executive session with equal rights and obligations as the other members, including the right to vote.
“Today, united by the power of our faith in the redemptive sacrifice of Jesus Christ, we celebrate together again and are inspired by His Resurrection. May it help us to do good deeds!” With these words, the Speaker of the National Assembly Natalia..
Exactly at midnight, the Patriarch of the Bulgarian Orthodox Church Daniil announced the Resurrection of Christ and greeted the Bulgarians with “Christ is Risen” from the St. Alexander Nevsky Cathedral in Sofia . The laity gathered in front of the church..
During the night, the cloud cover will break and decrease. There will still be light rain showers in some places in the southern regions of Bulgaria until midnight. On Sunday morning, visibility will be reduced in some places in the..
Blind ultrarunner Victor Asenov has officially become part of the Everesting Hall of Fame, Sportal.bg reports. Between March 21 and 23, the..
Thirteen people were arrested in central Sofia during a specialized police operation aimed at countering illegal migration and preventing crimes..
For the first time, a unique collection of Western European textile panels (tapestries) is on display at the National Gallery – Square 500. The..
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