The victims of the bankruptcy were waiting for the Deposit Guarantee Fund to pay off their deposits. It was the Court of Justice of the European Union in Luxembourg that it had to be paid within a few days after the bank was closed and placed under special supervision by the BNB on 20 June 2014 and not a whole month after the BNB Board decided on 6 November 2014 to withdraw its licence. The only adequate decision in this case was made by the EU institutions and not by the native ones.
Also a real assessment of the Bulgarian banking sector was carried out by the ECB, which opened capital shortages with FIB and Investbank. Those banks have passed various checks by the home institutions and no problems have been identified.
Trust is one of the most important conditions for a bank to function, the same applies to the currency, whether it is local or foreign.
Can we be sure that the board is tied to the euro and at the same time be convinced that there is a problem with the euro and there is no future?!
The important thing is to be safe and sound!
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