The stress tests of the Bulgarian banking system have suggested the need of corrections of 1.3 percent of bank assets. This amounts to the total of 665 million leva (close to 333 million euro). The Bulgarian National Bank (BNB) has said that the banks that have to carry out supervision measures have already submitted their plans. The stress tests of the system have been conducted under both a basic and adverse scenarios. The need to make corrections has been found at First Investment Bank, Piraeus, Investbank and Victoria Commercial Bank. The evaluation of the quality of assets and stress tests have suggested that the banking system is stable and extremely resistant.
Today is the second day of Prime Minister Rosen Zhelyazkov's participation in the Artificial Intelligence Action Summit in Paris. The forum brings together world leaders, representatives of business, academia and civil society. Today, Zhelyazkov..
On Tuesday morning, visibility will be reduced in the plains and valleys . Minimum temperatures will be between minus 10 and minus 4°C, reaching minus 14°C in isolated valleys. In Sofia it will be around minus 10°C. During the day it will be mostly..
Bulgaria’s Minister of Energy Zhecho Stankov is on a working visit to the USA to participate in the Sixth Delphi Forum in Washington DC . His schedule includes participation in a high-level discussion on the new map of energy diplomacy, as well..
Bulgaria is participating at the Lisbon Food Affair (LFA) – the largest food trade fair in Portugal, which opened today and will run until..
From February 10 to 22, the largest NATO military exercise of the year, Steadfast Dart - 2025 (STDT25), will be held in the areas of the Tsrancha..
Citizens of Serbia gathered on February 9 for a 15-minute silent protest under the slogan “Sofia supports the students” in front of the Serbian embassy in..
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