Bulgarian Finance Minister Vladislav Goranov commented on the fact that Bulgarian banks passed the stress tests, stating that figures show that the government debt ceiling for 2017 will be zero.
“People have no cause to worry about their savings. The capital indicators of our system are almost twice as good as the average European figures that came out after the stress tests of banks in Europe,” said Minister Goranov and added that the resources accumulated will probably be spent on debt reduction operations.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
Mostly Cloudy
Partly Cloudy
Cloudy