Bulgarian National Bank Publishes Answers to Questions Related to Loans, Bank Accounts and Currency Conversion upon Euro Adoption

The Bulgarian National Bank (BNB) has published a new series of questions and answers related to the country’s accession to the eurozone, BNT said on Friday. These questions include: What will happen to a bank client’s remaining obligations/remaining principal on a loan initially taken out in BGN; Will there be a change in the installment on a loan taken out in BGN; Will the interest rate change from the date of the EUR adoption on a loan, if it was agreed at a fixed interest rate; Do clients need to…

Bulgarian National Radio

Bulgarian National Radio (Bulgarian: Българско национално радио, Bǎlgarsko nacionalno radio; abbreviated to БНР, BNR) is Bulgaria’s national radio broadcasting organisation. It operates two national channels and nine regional channels, as well as an international service (Radio Bulgaria) which broadcasts in 11 languages. Listening to radio broadcasts from other countries having become popular in Bulgaria by the late 1920s, a group of engineers and intellectuals founded Rodno Radio (“Native, or Homeland, Radio”) on 30 March 1930 with the aim of providing Sofia with its own radio station. Broadcasting began in June…

BTA – Bulgarian News Agency

The Bulgarian News Agency (BTA) is an independent national news organization of the Republic of Bulgaria. BTA, acting in the best interests of the public and of the State and conforming to the provisions of the Constitution of the Republic of Bulgaria and the Bulgarian News Agency Act, exercises discretion in determining the content of its newsgathering and news-distributing operation and assumes responsibility for this operation. BTA is independent in the implementation of its operation and is accountable to the National Assembly. BTA was established by a decree issued by…