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.
Bulgaria will be represented by President Rumen Radev and Minister of Foreign Affairs Georg Georgiev at the Munich Security Conference. The agenda of world leaders includes the war in Ukraine, US President Donald Trump's..
The Burgas Zoo offers contact zones where visitors can interact with various animals, take pictures and feed them by hand. The zones are available year-round, the zoo reports on Facebook. They specify that the animals are social,..
In the next 24 hours, over most of the country cloud cover will remain significant with temporary breaks. In the morning, visibility will be reduced in some places. On Friday , the wind will be weak, mainly from the east. In the..
A photograph in the media of Minister of Labour and Social Policy Borislav Gutsanov (Bulgarian Socialist Party), MEP Kristian Vigenin (Bulgarian..
With 197 votes “for”, the National Assembly unanimously approved, at first reading, a full ban on the import, trade in, supply, distribution and sale,..
The Council of Ministers approved a roadmap for the completion of Struma motorway. According to the schedule, an open tender for preliminary design is..
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