central bank of Bulgaria
Bulgaria's Current Balance Shows Deficit of EUR 254M
The Central Bank of Bulgaria reports deficit of the country's current balance, amounting to some EUR 254M for March, on surplus of EUR 131M in March 2016, according to BNR.
The trade balance in March was negative to the tune of EUR 343M on deficit to the tune of EUR 221.1M a year earlier.
Cash Credit to Challenge Bulgaria C-Bank Sanctions in Court
Cash Credit, a Bulgarian non-banking financial institution, is taking the Bulgarian National Bank (BNB) to court over the latter's decision to impose sanctions on it for issuing credit card without having a license to do so.
The company has said that the BNB did not cite any motives for its ruling.