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.
Bulgarian Vice President Iliana Iotova has warned that the country is late with the organization and preparation for the chairmanship and hosting of the 47th session of the UNESCO World Heritage Committee in 2025. Iotova participated..
Although 2.5 million euros were allocated for the Stefan Stambolov Program in 2024, the money remained unused. The new team at the Ministry of Education will not work on it, too. This is stated in a response from the institution,..
“DPS-New Beginning” is committed to collecting, summarizing and providing the US government with information about the actions of organizations, media and individuals who have carried out manipulative and propaganda activities in..
Bulgaria is participating at the Lisbon Food Affair (LFA) – the largest food trade fair in Portugal, which opened today and will run until..
From February 10 to 22, the largest NATO military exercise of the year, Steadfast Dart - 2025 (STDT25), will be held in the areas of the Tsrancha..
Citizens of Serbia gathered on February 9 for a 15-minute silent protest under the slogan “Sofia supports the students” in front of the Serbian embassy in..
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