As of October 1, 2020, the Bulgarian National Bank (BNB) is cooperating with the European Central Bank. The accession of Bulgaria to the Banking Union has lead to the direct supervision by ECB of 5 commercial banks registered in Bulgaria- DSK, United Bulgarian Bank, Eurobank, Unicredit and Raiffeisen Bank. Although, they are subsidiaries of European banking families, they are monitored in Bulgaria as well. It is the responsibility of BNB to supervise the smaller banks in this country, although Frankfurt can take over their supervision as well.
First Investment Bank is not being supervised by ECB. Before Bulgaria’s accession to ERM II, the bank raised its capital with the help of the Bulgarian Development Bank and a private investor.
The photo exhibition "One Hand Extended. Yours" draws attention to the plight of abandoned dogs in Sofia and encourages citizens to adopt a pet. The initiative is led by the Sofia-based municipal enterprise "Ecoravnovesie" and the volunteer..
Rain will continue to fall on and off in many places. It will be almost rainless along the Danube and in northeastern Bulgaria. Minimum temperatures will be between 5° and 10°C, in Sofia - 7°C, and maximum - between 11°C and 16°C, in Sofia - about 11°C...
Farmers across the country have declared their readiness for effective protests due to a lack of irrigation water, reported BNR’s correspondent Veselina Milanova. The Bulgarian Agrarian Chamber has sent a letter demanding an urgent meeting with..
Partial state of emergency on the territory of the municipality of Varna is in effect until April 6 due to a fuel oil spill in the Black Sea, which has..
Only 5% of prisoners in Bulgaria find work after serving their sentence . According to the Varna-based Altruist Association, quoted by BNT, 75% return to..
Housekeepers (76%), cooks (68%), receptionists (57%), waiters (50%), bar tenders (26%) and technical staff (23%) are in demand most for the tourist..
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