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.
On February 7, a border patrol with Frontex officers, after hours of surveillance, seized a car with two Italian citizens, one from Spain and one from Lithuania in the area of the town of Zvezdets. Those posing as members of an NGO met a group of 11..
The Vienna Ball in Sofia was opened by the authentic orchestra of Johann Strauss, with which the organizers of the secular event paid tribute to the 200th anniversary of the birth of the Waltz King . The ball, which is under the patronage of the mayors..
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..
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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