Bulgarian lawmakers back a proposal envisaging jail for dissemination of false news on banks, Parliament's Finance Committee Chair Yordan Tsonev said.
"Amendments could not be introduced into the Criminal Code in less than two weeks," Tsonev was quoted as explaining by public broadcaster BNR after submitting to Parliament a proposal which his Committee received earlier by the Bulgarian National Bank (BNB).
BNB sent Monday its proposal for amendments to the Budget and Finance Committee at the Bulgarian Parliament, and the text was discussed at the Committee in a matter of hours.
Tsonev believes a similar measure could prevent any attacks on the stability of Bulgaria's financial and banking system.
The latest developments come days after two of the country's largest banks, Corporate Commercial Bank (KTB) and First Investment Bank were subject to alleged rumors prompting thousands of people to withdraw their assets.
In its latest macroeconomic forecast released on Tuesday, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria's Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023
Bulgaria is grappling with a sharp increase in counterfeit currency, with the Bulgarian National Bank (BNB) reporting a concerning surge in fake banknotes, particularly those of 100 BGN denominations
In the second reading, the parliament endorsed a bill to ratify the agreement for Bulgaria's involvement in the OECD Program for Ukraine, accompanied by a voluntary financial donation of 60,000 euros (117,350 BGN)
European Parliament has greenlit a comprehensive overhaul of the EU's asylum and migration policies, marking a significant shift in how the bloc manages its borders and addresses the influx of migrants and asylum seekers.
The Parliament has approved adjustments to the state social insurance budget during its initial reading, incorporating a new provision for an Easter bonus amounting to 75 BGN, for pensioners whose pensions are situated below the poverty threshold of 526
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025
The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
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