The Bulgarian National Bank is to come up with criteria for public and private moratoriums on bank loan payments. The decision will be based on criteria developed by the EU Single Banking Authority, the BNB said. The measure aims to limit the economic and financial damage caused by the COVID-19 pandemic. In line with International Financial Reporting Standard, loans will be classified based on their default risk and schemes will be sought for their rescheduling and restructuring over time. On this basis, the BNB will allow commercial banks in Bulgaria to further develop their actions to curb the adverse effects of the COVID-19 pandemic on their customers
It will be mostly sunny on Sunday. Clouds will form over the mountains in the afternoon hours with a chance of isolated showers. The weather will be calm in most parts of the country. There will be light northeasterly wind in Eastern Bulgaria. The..
''Jesus Christ’s victory over death, darkness and the all-consuming and destructive power of evil, is the culmination, the highest and most categorical expression of God's love for us and for the entire creation'', reads the Paschal message to..
The thirty chapels of Momchilovtsi are among the most visited tourist attractions in the Rhodope village during the Easter holidays. "Routes for pilgrimage tourism lead to the chapels that protect the village", says Mayor Siyka Surkova. In..
Children of different nationalities and their families will dye Easter eggs from 10.00 am to 14.00 pm in Canyon Park in Mladost residential district in..
A Latvian airline has started operating direct flights from Riga Airport to Sofia , TravelNews reported. The first flight took place on May 2,..
The weather conditions for mountain hiking are poor on Saturday, the Mountain Rescue Service said. It is raining on higher ground. There is fog..
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