The Bulgarian National Bank (BNB) is extending the deadline for submission of applications by clients of commercial banks for deferral of liabilities payable to banks until September 30, 2020. The deadline for moratorium on liabilities of bank customers is extended until March 31, 2021. Extension of deadlines concerns deferral of liabilities payable to banks for which applications had not been submitted before June 22, 2020. The extension of deadlines comes after the Governing Council of BNB decided on July 9, 2020 to implement the guidelines of the European Banking Authority.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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