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
After the update of pensions under the so-called Swiss rule from July 1 by 8.6%, the average monthly pension of a Bulgarian pensioner for July exceeded 1,000 BGN, reaching 1015.22 BGN (519 EUR). This was announced by the National Social Security..
Bulgaria's Road Infrastructure Agency has warned that toll cameras now also detect the wearing of seat belts. The new function has been active since August 12 and the cameras have already recorded 170 violations. Risk of dying on the road in..
A statement from the Road Safety Institute, sent to the media, reports that the risk of dying on the road in Bulgaria is 2.5 times higher than the average for the European Union. Data for July and the first half of August show that..
In the extremely difficult and rocky terrain above the village of Ploski, with a slope of over 70 degrees, the third outbreak of the..
On the occasion of International Lighthouse Day, the oldest lighthouse in Bulgaria, which is located in Shabla, opened its doors for..
A statement from the Road Safety Institute, sent to the media, reports that the risk of dying on the road in Bulgaria is 2.5 times..
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