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 quality of this year's grapes is perfect, but the quantity will be lower than last year,' said Krasimir Koev, director of the Executive Agency on Vine and Wine (EAVW), at the ninth Global Conference on Wine Tourism of the UN World Tourism..
Multilateral cooperation enables the achievement of common decisions on an equal footing among participants, said Prime Minister Rosen Zhelyazkov at the opening of the 4th Forum of Prosecutors General of the Balkan Countries, held in Sofia. He added..
''I apply the best British practices for the development of science communication in Bulgaria'', said Lyubov Kostova, Member of Board Trustees of Beautiful Science Foundation, in an interview with BTA. She was awarded the British Empire Medal for her..
''I apply the best British practices for the development of science communication in Bulgaria'', said Lyubov Kostova, Member of Board Trustees of..
The European Commission will announce next month the amount under the Recovery and Resilience Plan (RRP), the payment of which may be withheld if the..
On Tuesday, Bulgaria will experience cloudy and rainy conditions , with prolonged and heavy rain expected in the eastern and northern regions. In the..
Overcast, rain
Occasional showers
Rain