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.
This year, the team exploring the Provadia-Solnitsata archaeological complex is organizing an Open Day on September 22. A new visitor route has been prepared through the complex of the most ancient salt-producing and urban center in Europe...
In the summer of 2024, a Sofia municipality and its residents showed how we can be happy and united as a community, sitting at one table. In July 2024, on Exarch Yosif Street and in September on Oborishte Street in the Bulgarian capital Sofia, the first..
The Garlic Festival will be held on September 21 and 22 at the stadium in the village of Dolni Rakovets, Radomir Municipality, Pernik Region . The event presents the traditional production of Dolni Rakovets garlic. Due to the favorable soil..
On Saturday the lowest temperatures will be between 8 and 16°C; in some valleys – between 6° and 9°C, in Sofia – about 8°C. During..
The International Monetary Fund has recommended increasing social security and property taxes from 2026 . This was made clear during the hearing of..
Vice President Iliana Iotova is visiting Taraclia, Moldova, on September 19-20. Today, she is an official guest at a ceremony to..
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