Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarian National Bank issues set of measures to combat coronavirus crisis

Photo: archive

The Bulgarian National Bank (BNB) has announced a package of more than 4.6 billion euros that will be earmarked for measures to tackle the effects of the COVID-19 crisis. The aim is to preserve the resilience of the banking system and reduce the negative effects of the restrictions on citizens and businesses. The banking system's profit is capitalized by EUR 800 million. The planned increase of the capital buffers by EUR 350 million is cancelled. The liquidity of banks is increased by EUR 3.5 billion by reducing foreign exposures of commercial banks. 
The Bulgarian National Bank is monitoring the situation very closely. It is fully prepared if additional measures are needed. The Bulgarian National Bank calls on legislators and the public administration to refrain from decisions which could be damaging for the financial system.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Gordana Siljanovska-Davkova

North Macedonia's President: Austria is ready to mediate in finding a creative solution with Bulgaria

In an interview with  Free Europe , North Macedonia's  President  Gordana Siljanovska-Davkova described the country’s EU integration process as a “precedent,” stating that it “will give rise to new precedents”, BGNES reports. She believes..

published on 5/26/25 10:54 AM
James Jolovski, Secretary General of ABB

The introduction of the euro will not increase the cost of banking services

Cash in Bulgaria exceeds BGN 30 billion. The Association of Banks in Bulgaria is urging citizens to deposit their cash before the introduction of the euro, explained James Jolovski, Secretary General of ABB, in an interview with the Bulgarian..

published on 5/26/25 10:02 AM

Spring Book Fair and Sofia International Literary Festival for Children and Youth start

Vice President Iliana Iotova will open the 17th Spring Book Fair and Sofia International Literary Festival for Children and Youth, the presidential institution announced. The Spring Book Fair in Sofia this year will be held from..

published on 5/26/25 6:05 AM