The Bulgarian banks are ready to defer credit contributions, the Chairman of the Association of Banks in Bulgaria Petar Andronov said. This is expected to happen after April 1 when the loan deferral procedure will be clear. The banks are working individually with each client, so they can get the best conditions to deal with the difficulties caused by the COVID-19 crisis, Petar Andronov says. The Bulgarian National Bank Governor Dimitar Radev wrote in a publication that Bulgaria is not giving up on the path towards the ERM II mechanism (the Eurozone’s waiting room) and the close cooperation with the banking supervision, but the key step in this direction will be perhaps delayed due to the COVID-19 crisis.
In 2022, 14.7% of workers in the EU were low-wage earners . By definition, low-wage earners are those who earn two-thirds or less of the average gross hourly wage in the country. Bulgaria had the highest share of low-wage earners (26.84%). This..
The European Commission hopes to have a positive decision this year on at least part of the second payment under the Recovery and Resilience Plan in the amount of 653 million euros for Bulgaria . This was stated by the Commission spokesman Maciej..
There will be no recount of ballots from the recent parliamentary elections in October 2024. The Central Election Commission (CEC) met today after the Constitutional Court yesterday ordered a recount of the parliamentary election results due to numerous..
In 2022, 14.7% of workers in the EU were low-wage earners . By definition, low-wage earners are those who earn two-thirds or less of the average gross..
A serious restrictive and even repressive attitude among Bulgarian society on the current issues of school education and upbringing is shown by an..
Foreign Minister Georg Georgiev today received at the Foreign Ministry Susan Falatko, who arrived in Sofia a few days ago as Charge d'Affaires of the U.S...
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