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.
On Friday , the lowest temperatures will be between 11 and 21°C. In Sofia - around 12°C. Sunny weather will prevail during the day with temporary increases in cloudiness, more significant in the afternoon. In isolated places in the..
Eight helicopters, not the initially planned six, will be used to provide emergency medical assistance by air in this country, Health Minister Silvi Kirilov told journalists. Seven of them will be financed with funds from the..
“We Continue the Change” (PP) will support votes of no confidence that do not distance us from Europe.” This is how the leader of PP, Assen Vassilev, answered a journalist's question about tomorrow's vote of no confidence in the..
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost..
Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions,..
The ministers of agriculture of Bulgaria, Hungary, Poland, Slovakia and Romania have signed a joint declaration concerning the agricultural aspects of..
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