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.
A 7-hour blockade of the Gazela Bridge in Belgrade has been announced from 11:00 to 18:00 on Sunday, February 9, the Ministry of Foreign Affairs informed. The bridge is part of the international road E-75. The Bulgarian authorities recommend that..
The demographic crisis is one of the biggest problems in Bulgaria and its solution depends on whether the country will continue to grow economically in order to reach an equal standard with the rest of EU member states . The only possible solution for..
On Sunday there will be significant clouds in the morning over most of the Danube Plain, but around midday the clouds will disperse and the weather will be predominantly sunny. Over the Eastern parts of the country there will be clouds, with light..
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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