The President of the Association of Banks in Bulgaria, Peter Andronov, said that the banking system in the country was stable and in recent years has accumulated buffers and reserves, which allow it to face difficulties in this period.
In the past ten days alone, payments on 25,000 loans have been deferred. Providing state-guaranteed non-interest-bearing loans have also started. In addition to the Bulgarian measures announced by the Development Bank, the companies have opportunities related to European programs. Such programs are being prepared by the European Investment Bank and the European Investment Fund, Peter Andronov added.
Bulgaria’s National Assembly has passed, at second reading, amendments to the Road Traffic Act. Municipal cameras and those from the national toll system will now be used to detect speeding violations. The changes allow for the introduction of..
Bulgaria retains 13th place in the Henley Passport Index, having climbed 8 positions over the past 10 years, according to the website of the London-based citizenship and residency consultancy Henley & Partners. The Henley Passport Index ranks 199..
Bulgaria has resubmitted its second request for payment under the National Recovery and Resilience Plan (NRRP), amounting to EUR 653 million. The request covers the implementation of 59 milestones and targets, 20 of which were related to legislative..
A Moroccan national was shot while illegally crossing the Bulgarian-Turkish border near the village of Zvezdets, Chief Commissioner Anton Zlatanov,..
Bulgaria’s National Assembly has passed, at second reading, amendments to the Road Traffic Act. Municipal cameras and those from the national toll..
Bulgaria has resubmitted its second request for payment under the National Recovery and Resilience Plan (NRRP), amounting to EUR 653 million. The..
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