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.
''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..
On Tuesday, Bulgaria will experience cloudy and rainy conditions , with prolonged and heavy rain expected in the eastern and northern regions. In the..
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..
''I apply the best British practices for the development of science communication in Bulgaria'', said Lyubov Kostova, Member of Board Trustees of..
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