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.
The young foreign doctors of the Pleven Medical University will receive their diplomas on May 9. The festive procession of the graduates will start from the central city square "Vazrazhdane" and will end at the Summer Theater of the Rectorate, where..
The Sofia Library will celebrate Librarian's Day, May 9, with an Open Doors Day, the organizers announced. A literary reading with a musical program will be held on Slaveykov Square. The library will show visitors two photo-documentary exhibitions...
Friday will be mostly sunny but windy. Cloud cover will increase from the south-west in the afternoon, with rain spreading across most of the country in the evening and continuing overnight. Minimum temperatures will range between 7°C and 12°C, around..
The European Commission has stated that the decision to hold a referendum on the adoption of the euro lies within the competence of Bulgaria’s national..
The 20th International Conference of the Bulgarian Association of Surgeons, Gastroenterologists and Oncologists (BASGO) brought together leading..
More than a fifth of Bulgarians are poor, according to an analysis by the Institute for Market Economics. People living in deficit are increasing to..
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