European Securities and Markets Authority

A top EU financial regulator has renewed calls for a bloc-wide "ban" on the main form of bitcoin mining and sounded the alarm over the rising proportion of renewable energy devoted to crypto mining.

Six European Union states will scrap bans on short-selling shares introduced during bouts of extreme market volatility in March when national lockdowns were rolled out across the bloc to fight the Covid-19 pandemic.

European authorities will prepare by the end of next year enhanced disclosure requirements on bad loans as part of an action plan to tackle the risk of non-performing loans (NPL).

EU economic and finance ministers (Ecofin Council) are expected to adopt today (11 July) a plan to decrease the high level of bad loans held by banks in member states.

At a meeting on November 23, the government approved additional еxpenses and transfers amounting to BGN 4.071 M, announced the press center of the government. 

Under the budget of the National Audit Office, BGN 140,000 were approved for additional expenses for 2016. These will be used for the payment of compensations to its retired employees.