Bulgaria is joining the Single Resolution Mechanism, the Bulgarian National Bank, BNB has announced.
As of 1 October, 2020, the European Central Bank is assuming direct supervision of Bulgaria’s financial institutions via the Single Resolution Board. The Board protects financial stability and taxpayers by developing plans for bank resolution and crisis management. Banks in Bulgaria will make contributions to the Single Resolution Fund which finances the restructuring. BNB will have a representative at the Single Resolution Board plenary session and extended executive session with equal rights and obligations as the other members, including the right to vote.
Solar power capacity in Bulgaria for electricity production will exceed 4 GW in 2025. This is equal to 4 large nuclear reactors, Dr. Maria Trifonova, a lecturer at the Faculty of Economics of Sofia University, told BGNES. She emphasized that the spread..
The net minimum wage in Bulgaria from 2026 will be 970 leva (467 euros), and the gross minimum wage will be 1,287 leva (620 euros). It will be the lowest in the entire EU . This was told to bTV by Plamen Dimitrov, president of the largest trade union..
Until October 10, the Bulgarian minesweeper “Shkval” and ships from the Naval Mine Countermeasure Group in the Black Sea will participate in the multinational exercise Poseidon-25, the Ministry of Defense announced. The seventh activation of the..
On Tuesday, Bulgaria will experience cloudy and rainy conditions , with prolonged and heavy rain expected in the eastern and northern regions. In the..
The European Commission will announce next month the amount under the Recovery and Resilience Plan (RRP), the payment of which may be withheld if the..
''I apply the best British practices for the development of science communication in Bulgaria'', said Lyubov Kostova, Member of Board Trustees of..
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