Despite Restrictions, Housing Loans in Bulgaria Continue to Surge
Despite the measures imposed by the Bulgarian National Bank (BNB), housing lending in Bulgaria continues to rise rapidly
GERB MP Menda Stoyanova, chair of the parliamentary budget committee, urged the managerial board of Bulgaria's Central Bank (BNB) to assume the moral responsibility for the problems of Corporate Commercial Bank (KTB).
“The entire managerial board of BNB, without exception, must assume the moral responsibility,” Stoyanova told the bTV national television breakfast show. In her words, BNB Governor Ivan Iskrov was to blame and bears the responsibility for letting the image of Bulgaria's Central Bank be smeared.
Stoyanova, however, said she was not going to call for BNB chiefs resignations, as by law the bank was politically independent.
She outlined four levels of responsibility in the KTB case – of the bank owners and managers, of BNB who failed to oversee their actions, the financial intelligence services and the DANS national security agency and the auditor KPMG who approved the bank's financial reports.
Bulgaria’s toll system now has the technical capability to track average vehicle speeds, as announced by the National Toll Management following a meeting with Regional Development Minister Violeta Koritarova.
The income required to cover living expenses for a working individual and a three-member family with a child under 14 has remained almost unchanged compared to June, according to an analysis by the Confederation of Independent Trade Unions in Bulgaria (CI
The Council of Ministers has adopted a resolution to set the minimum wage at 1,077 leva, reflecting a 15.
Every 20 minutes, fire alerts are received from across Bulgaria.
I feel no moral guilt towards anyone. This was stated by Kiril Petkov, answering a question whether he would apologize to the Bulgarian people for violating the Constitution.
Head of the Military Medical Academy (MMA) Major General Prof.
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