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 tendency of Bulgarians returning from abroad is permanent. This became apparent during the forum “Europe is with me”, organized by the Ministry of Labour and Social Policy’s Human Resources Development Programme, the Bulgarian news agency BTA..
There is no democracy and freedom without freedom of speech and pluralism, said President Rumen Radev at the opening, in Sofia, of the annual Public Broadcasters International Conference (PBI 2025) . For the first time, the Bulgarian National Radio..
For the first time, the Bulgarian National Radio (BNR) is hosting the annual Public Broadcasters International conference . The conference brings together public media bosses and executives from 24 countries across five continents. The theme..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
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