Putting off loan obligations will be made through an agreement with the banks for a new repayment plan. Temporarily the principal amount or the principal and the interest may not be paid, Petar Andronov, head of the Association of Banks in Bulgaria, told BNR. The deferment applies to all types of loans. Citizens and businesses not affected by the crisis should continue to make their payments properly. The deadline for renegotiation will be by the end of June. Andronov urged clients not to rush, but first to consult experts and to choose the right time to renegotiate.
The ruling GERB party claimed that employers are in favour of a higher VAT rate, but employer organisations denied this, insisting that no such proposal had ever been made. This clarification followed a meeting between GERB leader Boyko Borissov..
Ninety participants representing 57 Bulgarian folklore ensembles from across Europe and North America gathered in Sofia for their fourth Creative Meeting and Seminar. The event was highly constructive, featuring useful workshops and guest lecturers...
The European Commission has disbursed €438.6 million to Bulgaria as part of the second payment under the Recovery and Resilience Facility (RRF). On 3 October 2025, the Commission partially approved the payment, stating that Bulgaria "still needs to..
The Sofia City Court has postponed the extradition case of Igor Grechushkin, the owner of a cargo ship linked to the explosion at the port of Beirut in..
The amount of the average social security income for the country for September 2025 is 962.25 EUR and the amount of the average monthly social security..
On Wednesday, minimum temperatures will range from 4 to 9°C across the country, reaching around 2°C in Sofia. The wind will ease and fog will settle in..
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