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.
''Sabotage groups are operational in Bulgaria, and they exert hybrid influence and are part of Bulgaria's political life'', Prime Minister Rosen Zhelyazkov said in Parliament in response to a question about whether there is data on hybrid attacks and..
The Municipality of Burgas has declared a partial state of emergency until October 6. Mayor Dimitar Nikolov said that evacuations will be carried out in the areas most affected by the heavy rainfall, if necessary. The measure was introduced due to..
''Funds disbursed under all EU operational programs amount to 3.3 billion BGN (1.587 billion EUR). A total of 12 billion BGN (5.770 billion EUR) has been contracted, representing 50% of the total funding. Contracting has accelerated by 50%, and..
To mark the 40th anniversary of Christo and Jeanne-Claude's monumental artwork, 'The Pont Neuf Wrapped', which transformed the iconic Parisian bridge..
On Saturday, the lowest temperatures will be between 2 and 7°C; in Sofia - about 2°C. Precipitation will begin to stop, but during..
The Municipality of Burgas has declared a partial state of emergency until October 6. Mayor Dimitar Nikolov said that evacuations will be carried out in..
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