President tells Bulgarians after bank runs: 'Your money is safe'


  • World
  • Monday, 30 Jun 2014

SOFIA (Reuters) - Bulgaria's president sought to reassure citizens on Sunday that their savings were safe and fully guaranteed by the state, in a message backed by the central bank and main political parties following a run on two major banks.

The bank runs have stoked fears for the financial stability of the European Union's poorest member state and authorities are keen to show Bulgarians they are fully in control of the situation before banks reopen on Monday.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Apple to hold launch event on May 7, with new iPads expected
Musk targets Australian senator, gun laws in deepening dispute over X stabbing content
Is online shopping bad for the planet?
Haiti police bolster security around palace ahead of transition
Tesla posts Q1 results with declined revenue
Argentina's Milei faces biggest protest yet as students march over budget cuts
2nd LD: Plane crashes into river in Alaska
U.S. crude oil inventories down last week: API
1st LD: Plane crashes into river in Alaska
Urgent: Plane crashes into river in Alaska

Others Also Read