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.
During its plenary session in Strasbourg today, the European Parliament is scheduled to vote on Bulgaria’s accession to the eurozone on 1 January 2026. Today, the EU Council in its ECOFIN format (which includes the countries that have adopted..
On Tuesday, minimum temperatures will range from 18 to 25°C . In Sofia, it will be around 19°C. It will be sunny and hot during the day. Cumulus clouds will develop in the afternoon, but there is only a low chance of rain. There will be light to moderate..
Bulgaria appreciates highly Qatar's consistent efforts to end hostilities in the Middle East and the subsequent finding of a sustainable peaceful solution through diplomacy . This was what President Rumen Radev said at a meeting with Minister of State..
With 531 votes in favour, 69 against and 79 abstentions, the European Parliament approved Bulgaria's accession to the eurozone on 1 January 2026...
During its plenary session in Strasbourg today, the European Parliament is scheduled to vote on Bulgaria’s accession to the eurozone on 1 January 2026...
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone...
Partly Cloudy
Mostly Cloudy
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain