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.
"We must stand on historical truth in order to build good neighborly relations with North Macedonia", said Bulgaria’s President Rumen Radev at Sofia University during the presentation of a prototype edition of the "Macedonian Almanac''. The first..
No significant change in the weather is expected over the next 24 hours. It will remain cloudy with widespread and, in many areas, heavy rainfall. It will snow above 600-800 meters. By the end of the day, the rain in the southwestern regions will..
The European Flood Awareness System (EFAS) has issued a warning of expected complications in Bulgaria on 3 October . Interior Minister Daniel Mitov announced this at a meeting on the readiness of institutions to respond to the expected significant..
To mark the 40th anniversary of Christo and Jeanne-Claude's monumental artwork, 'The Pont Neuf Wrapped', which transformed the iconic Parisian bridge..
The Pumpkin Festival and the holiday of the village of Stefanovo will be held over the weekend, Dobrich Municipality announced...
Bulgarian investigative journalist Christo Grozev has been awarded the prestigious "Journalist of the Year" award at the PRIX EUROPA European media..
Mostly Cloudy
Partly Cloudy