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
'International law does not address the recognition of identities and languages, and this also applies to North Macedonia,' said Foreign Minister Georg Georgiev, quoted by BGNES. ‘Formulations such as “recognition of Macedonian identity” and..
At a ceremony in the Bulgarian resort town of Sveti Vlas, the Polish Ambassador to Bulgaria, Maciej Szymański, symbolically handed over the presidency of the Council of the EU to the Danish Ambassador, Flemming Stender. Denmark will take over the..
Following intense round-the-clock efforts by the Bulgarian Embassy in Tehran , the Foreign Ministry announced that two Bulgarian citizens had been successfully evacuated from the Islamic Republic of Iran. They crossed the Iranian-Azerbaijani border..
The challenges facing the energy sector in Bulgaria and the region were discussed by the Minister of Energy Zhecho Stankov and the Executive..
According to data from the European Environment Agency published by the European Commission and reported by BNR correspondent in Brussels Angelina..
The Maritsa East TPP complex will supply 50% of the energy for household consumers in Bulgaria. This was made clear at a briefing of..
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