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.
From July 28 to August 3, the town of Blagoevgrad (Southwestern Bulgaria) will host the 32nd edition of the prestigious International Mathematics Competition for University Students. Over 550 participants from 143 universities in 52 countries,..
A total of 85 folk ensembles from across the country will participate in the "Sparks from the Past" festival, which will take place in the mountain town of Apriltsi on July 26 and 27. The open-air stage for the performances will be set up at..
On Saturday, it will be sunny and even hotter. In the afternoon, clouds will form over the mountainous regions of Western Bulgaria, and by the evening, also in the northwestern areas. Isolated thunderstorms and rain showers are expected in some..
A total of 85 folk ensembles from across the country will participate in the "Sparks from the Past" festival, which will take place in the..
From July 28 to August 3, the town of Blagoevgrad (Southwestern Bulgaria) will host the 32nd edition of the prestigious International Mathematics..
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