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The Bulgarian National Bank approves sector-wide voluntary moratorium

14/04/2020

A sector-wide private moratorium on bank loan payments during the period of public emergency in Bulgaria stemming from the COVID-19 outbreak was approved on the 10 April by the Bulgarian National Bank (“BNB”), an unprecedented event in the post-war period...

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Authors

Portrait ofElitsa Ivanova
Elitsa Ivanova
Partner
Sofia
Portrait ofKonstantin Stoyanov
Konstantin Stoyanov
Senior Associate
Sofia