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Financial and business news from Bulgaria

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  • Ryanair airline will have no more commercial flights until June 2020 unless there is a change in government measures to limit the spread of coronavirus. This was announced by the company in a message posted on their website. But planes are on standby for repatriation flights, as well as emergency supplies to Europe of food, medicine and protective equipment.
    Ryanair suspends flights until June
    2020-03-25 22:30:08
    Ryanair airline will have no more commercial flights until June 2020 unless there is a change in government measures to limit the spread of coronavirus. This was announced by the company in a message posted on their website. But planes are on standby for repatriation flights, as well as emergency supplies to Europe of food, medicine and protective equipment.
  • Romanian Finance Minister Florin Cutsu announced that Romanians would be able to postpone payment of their contributions to banks for 9 months and specified that this applies to both individuals and legal entities, Didji24 television reported.
    Romanians will be able to postpone payment on your bank contributions for 9 months
    2020-03-25 21:30:17
    Romanian Finance Minister Florin Cutsu announced that Romanians would be able to postpone payment of their contributions to banks for 9 months and specified that this applies to both individuals and legal entities, Didji24 television reported.
  • UN Secretary-General Antoniou Guteris today announced the launch of a global humanitarian plan to combat the threat of coronavirus in developing countries.
    UN with global plan against coronavirus for $2 billion
    2020-03-25 19:30:17
    UN Secretary-General Antoniou Guteris today announced the launch of a global humanitarian plan to combat the threat of coronavirus in developing countries.
  • The World Bank and the International Monetary Fund (IMF) urged official lenders under bilateral agreements to immediately ease the obligations of the world's poorest countries, which suffer severe consequences of the coronavirus, Reuters reported.
    World Bank and IMF: To ease the debt burden of the poorest countries
    2020-03-25 19:30:04
    The World Bank and the International Monetary Fund (IMF) urged official lenders under bilateral agreements to immediately ease the obligations of the world's poorest countries, which suffer severe consequences of the coronavirus, Reuters reported.
  • The German Bundestag today approved the multibillion-dollar package of measures to boost the economy and help companies against the economic consequences of the coronavirus, global agencies have reported.
    Germany approves multibillion-dollar package of measures against coronavirus
    2020-03-25 18:30:13
    The German Bundestag today approved the multibillion-dollar package of measures to boost the economy and help companies against the economic consequences of the coronavirus, global agencies have reported.
  • On Tuesday, South Korea doubled its planned economic rescue package to 100 trillion won ($80 billion) to save coronavirus affected companies and provide liquidity amid a crisis at stock and commodity bazaars, Reuters informed as cited by Focus.
    South Korea saves its economy by $80 billion
    2020-03-25 17:30:16
    On Tuesday, South Korea doubled its planned economic rescue package to 100 trillion won ($80 billion) to save coronavirus affected companies and provide liquidity amid a crisis at stock and commodity bazaars, Reuters informed as cited by Focus.
  • Nearly 100,000 workers will be able to receive support from the state of 60 per cent of their income in order to preserve jobs — this is what the CNSB estimates show.
    KNSB with great news to support 100,000 workers
    2020-03-25 16:30:05
    Nearly 100,000 workers will be able to receive support from the state of 60 per cent of their income in order to preserve jobs — this is what the CNSB estimates show.
  • In view of the state of emergency in the country related to the spread of the COVID-19 coronavirus, First Investment Bank is urging its customers to stay home and provides a number of options to manage the financial resources from the security and comfort of the home.
    Fibank offers a free package of digital services for its customers
    2020-03-25 15:30:18
    In view of the state of emergency in the country related to the spread of the COVID-19 coronavirus, First Investment Bank is urging its customers to stay home and provides a number of options to manage the financial resources from the security and comfort of the home.