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.
The last battle of the legendary Bulgarian voivode Hadji Dimitar and his men against the Ottoman troops in 1868 will be reenacted for the 11 th time, Nikolay Baynov from the National Association Tradition in Kazalnak told the BNR. More..
On Saturday minimum temperatures will range between 10° C. and 19° C., for Sofia 10° C. During the day there will be sun with cumulus clouds after midday, and rain and thunder in some parts of the mountain regions of Southern Bulgaria. There will..
A Bulgarian delegation led by Energy Minister Zhecho Stankov held a series of meetings with representatives of the US State Department and the Department of Energy in Washington . The discussions centred on strengthening the strategic partnership..
Talking to reporters, President Rumen Radev commented on the tensions in society in recent months, and the protests against the euro and the state..
The Sofia Appellate Court has left Varna Mayor Blagomir Kotsev and the two municipal councilors Nikolay Stefanov and Yordan Kateliev in custody...
''Bulgaria is a leading European producer of black caviar and competes successfully with traditional leaders France and Italy'', said Emil Arabadjiev,..
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