The moratorium on loan repayments will not be extended for a third time. The end of the health-care part of the problem can be seen on the horizon, banker Levon Hampartzoumian has told bTV.
"But as the medical issues disappears, economic problems continue," Hampartzoumian said. If a company had an unsustainable business, the outcome for it would not be good both in times of a pandemic and without one, the banker added. "People who owe money should communicate with the financial institution they took the loan from. Do not expect banks to start asking for money the day after the end of the loan repayment moratorium. But banks must be convinced that they would receive the money back," Hampartzoumian said. He added that a wave of non-performing loans was not expected.
In an address to the Bulgarian citizens, the Bulgarian head of state Rumen Radev has announced that he is submitting a proposal to the National Assembly to hold a national referendum. The question in it is "Do you agree that Bulgaria should..
On Saturday, minimum temperatures in Bulgaria will be from 8 to 13°C, in Sofia - around 9°C . During the day it will be cloudy with temporary breaks in the clouds over the western regions. In the southern and eastern parts of the country it..
Librarians, backed by trade unions, have staged a protest in front of Sofia Library, demanding higher salaries. According to a recent decision by the Council of Ministers, those working in the field of information and bibliographic services will..
Prime Minister Rosen Zhelyazkov has highlighted the stability of public finances as a key element on the country's path to Eurozone membership. Speaking..
In an address to the Bulgarian citizens, the Bulgarian head of state Rumen Radev has announced that he is submitting a proposal to the National Assembly..
Friday will be mostly sunny but windy. Cloud cover will increase from the south-west in the afternoon, with rain spreading across most of the country..
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