As of October 1, 2020, the Bulgarian National Bank (BNB) is cooperating with the European Central Bank. The accession of Bulgaria to the Banking Union has lead to the direct supervision by ECB of 5 commercial banks registered in Bulgaria- DSK, United Bulgarian Bank, Eurobank, Unicredit and Raiffeisen Bank. Although, they are subsidiaries of European banking families, they are monitored in Bulgaria as well. It is the responsibility of BNB to supervise the smaller banks in this country, although Frankfurt can take over their supervision as well.
First Investment Bank is not being supervised by ECB. Before Bulgaria’s accession to ERM II, the bank raised its capital with the help of the Bulgarian Development Bank and a private investor.
At a press conference in the National Assembly, MP Stanislav Balabanov from ITN has demanded the resignation of Caretaker Interior Minister Atanas Ilkov and the Director of the National Theater Vasil Vassilev. According to Balabanov, the law enforcement..
Over the next four years, the allowed catch for turbot in Bulgaria will be within the range of 82.5 tons. This is 10% more compared to the current allowed catch, the Ministry of Agriculture and Food says. The same quota has been set down for Romania..
There Is such a People (ITN) has collected 67 signatures and are submitting a complaint to the Constitutional Court for the partial annulment of the election for parliament on 27 October 2024. At a press conference in the National Assembly..
2.5% is the necessary effort that our country must make in terms of defence spending, caretaker Minister of Defense Atanas Zapryanov..
A protest organized by nationalist organizations in front of the Ivan Vazov National Theatre last night against the premiere of Bernard Shaw’s play..
The protest in front of the National theatre was pre-announced and more than 60 law enforcement officers were dispatched to secure the theatre building,..
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