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.
Bulgaria’s Minister of Defence Atanas Zapryanov will take part in the meeting of NATO defence ministers in Brussels today. The forum will focus on strengthening the alliance’s deterrence and defence capacity, how to distribute responsibilities..
On Thursday, minimum temperatures will range from minus 5° C. to zero, reaching minus 8° C. in the Eastern parts of the country, for Sofia around minus 3° C. During the day there will be clouds over most of the country. Until midday there will be a..
Bulgaria is working on the implementation of key projects that will make the country an indispensable energy factor. This became clear from the statement of the Minister of Energy Zhecho Stankov at the Sixth Delphi Forum in Washington. Part of this..
A photograph in the media of Minister of Labour and Social Policy Borislav Gutsanov (Bulgarian Socialist Party), MEP Kristian Vigenin (Bulgarian..
With 197 votes “for”, the National Assembly unanimously approved, at first reading, a full ban on the import, trade in, supply, distribution and sale,..
The Bulgarian Industrial Capital Association and the Bulgarian Association of Dairy Processors have raised concerns that the prices of basic food..
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