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
The chief of police in Petrich and two other police officers, arrested two days ago, are accused of participating in a criminal group. This was announced by Sofia city prosecutor Iliana Kirilova, BTA reported. According to Kirilova, the detained..
The Sofia City Prosecutor's Office has announced the release of Dzheyhan Ibryamov. He will be released from custody tomorrow, November 7, and the investigation against him on charges of influence peddling will be suspended at the moment he takes the..
Acting Energy Minister Vladimir Malinov told a briefing that neither he nor the Energy Ministry had any information about the sale of Lukoil Neftohim Burgas . Yesterday, the Financial Times, citing its own sources, reported that Russian energy giant..
2.5% is the necessary effort that our country must make in terms of defence spending, caretaker Minister of Defense Atanas Zapryanov..
Acting Energy Minister Vladimir Malinov told a briefing that neither he nor the Energy Ministry had any information about the sale of Lukoil Neftohim..
Metallurgy, heavy and mining industry are an irrevocable part of the full-fledged economic development of Europe. This was stated by Bulgarian President..
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