Bank Deposit Insurance Fund

Bulgaria is unlikely to be subject to an excessive deficit procedure for 2014, despite latest statistical data showing its budget deficit for that year was twice the maximum value prescribed by the EU.

Bulgaria's Bank Deposit Insurance Fund has announced the names of the nine banks to be in charge of reimbursing deposits at Corporate Commercial Bank (Corpbank or KTB) from December 4.

After KTB has been under conservatorship since June 20, depositors are still waiting for access to their savings.