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.
The national interest is protected. There is no dominant or subordinate position in inter-neighborly relations. This is how Prime Minister Rosen Zhelyazkov responded to a parliamentary question from Vazrazhdane party about the..
Bulgaria had no reason to prohibit the plane of President of Serbia Aleksandar Vučić from flying over Bulgarian airspace en route to Moscow for the military parade on May 9. This was what Prime Minister Rosen Zhelyazkov said in..
The Bulgarian National Bank (BNB) will stop announcing the base interest rate after the introduction of the euro as national currency. This is stated in the series of questions and answers with which the central bank explains the..
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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