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.
Congratulations to the new Pope Leo XIV! May he work with wisdom and dedication for a more peaceful world and dialogue between all, Prime Minister Rosen Zhelyazkov wrote in "X" on the occasion of the election of the new head of..
The young foreign doctors of the Pleven Medical University will receive their diplomas on May 9. The festive procession of the graduates will start from the central city square "Vazrazhdane" and will end at the Summer Theater of the Rectorate, where..
The Sofia Library will celebrate Librarian's Day, May 9, with an Open Doors Day, the organizers announced. A literary reading with a musical program will be held on Slaveykov Square. The library will show visitors two photo-documentary exhibitions...
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..
+359 2 9336 661