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 Embassy of Bulgaria in USA hosted a Fulbright alumni reception . For over three decades, the Fulbright P rogram has played a pivotal role in fostering educational and cultural ties between Bulgaria and the United States. ''Thanks to the..
The National Assembly rejected the no-confidence motion against the cabinet of Prime Minister Rosen Zhelyazkov. This was the fourth motion of no confidence against the government, this time citing ''failure in the environment and water sector''. 83 MPs..
Bulgaria's Ministry of Foreign Affairs issued a statement following the summoning of the Bulgarian ambassador to North Macedonia’s Ministry of Foreign Affairs in Skopje. Skopje lodged an official protest with Ambassador Zhelyazko Radukov, as the..
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