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.
Ahmed Dogan’s supporters will hold an extraordinary meeting of their party’s central operative bureau to discuss the idea of creating a new political party, BGNES reports. According to unofficial data, its leader will be MP Ilhan Kyuchyuk. The..
“The attempts to attack me over the fact that I enacted the law on adoption of the Euro are a vapid manipulation because there are absolutely no dates in this law, there are conditions and procedures,” President Rumen Radev told reporters. He was..
Today, a conference dedicated to the advantages of Bulgaria joining the eurozone will be held in Ruse, as reported by the Bulgarian News Agency (BTA). The business forum, organized by the Regional Administration, will feature former President Petar..
Protests in defence of the Bulgarian lev and against the adoption of the euro currency are scheduled to take place on May 31 in many cities and towns..
Thousands of citizens have gathered in the center of Sofia to protest against the introduction of the euro . The demonstration is supported by political..
Bulgarian President Rumen Radev , who attended the National Assembly of Sheep Breeders at the Peter and Paul Monastery near Lyaskovets, greeted the..
Mostly Cloudy
Partly Cloudy
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain