Type of Intervention: Financial and Economic
Sectors Involved: Central Bank
Intervention Categories: Finance policy and financial aid; Monetary and macro-financial policy; Stimulus packages and financial support
Level of Jurisdiction: National
Lead People/Agency: Bulgarian National Bank
Overview: The Bulgarian National Bank (BNB) has announced a package of BGN 9.3 billion (EUR 4.7 billion) that will be earmarked for measures to tackle the effects of the COVID-19 crisis. The aim is to preserve the resilience of the banking system and reduce the negative effects of the restrictions on citizens and businesses.
Full details here: https://www.bnb.bg/PressOffice/POPressReleases/POPRDate/PR_20200319_EN
Other links: 1
Type of Justification: Perception of an increased threat