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 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..
In connection with the incident involving a drone intercepted in the vicinity of Sofia Airport last night, deputy Prime Minister and Minister of Transport and Communications Grozdan Karadjov pointed to the need of anti-drone security systems within..
The cabinet’s priorities should be connected with harnessing prices, adopting the budget and taking measures to counter corruption. In an interview with BNR-Varna, sociologist Dimitar Ganev from Trend sociological agency said that economic anxiety..
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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