Bulgaria Celebrates Two Spelling Bee Champions!
Bulgaria has crowned not one, but two Spelling Bee champions this year
The Bulgarian Parliament approved on Thursday the lifting of the bank secrecy for banks declared insolvent.
The MPs approved the amendments to the Law on Credit Institutions at a second reading without holding a debate, daily Dnevnik reports.
According to the adopted amendments, an assignee will have to announce the names of natural and juridical persons and the size of their deposits within a period of six months after the insolvency of a bank.
The assignee at an insolvent bank will also have to announce the names of those holding credits and deposits with privileged interest rates.
The amendments were devised by the ad hoc inquiry committee on examining the facts and circumstances related to the collapse of the Corporate Commercial Bank (KTB).
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
February witnessed a surge in remittances from Bulgarians residing abroad, reaching a remarkable EUR 110.5 million, marking the highest value since last July
Amidst financial fluctuations and strategic fiscal decisions, Bulgaria's Minister of Finance, Lyudmila Petkova, unveils the nation's robust fiscal reserve, standing tall at BGN 10.9 billion as of April 18th
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
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022