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.
GERB leader Boyko Borissov told reporters that he supports the position of US President Donald Trump for peace in Ukraine, but that he insists on Bulgaria remaining loyal to its European partners. The policy of the new US administration may pose..
The second medical service helicopter purchased by Bulgaria has undergone flight tests in the presence of a Bulgarian commission visiting the base of the manufacturer Leonardo S.p.A . in Vergiate, Italy. The team is to carry out the so-called..
The MPs from the 51 st National Assembly adopted a declaration on non-participation of Bulgarian troops in military activities on the territory of Ukraine. 166 voted “for”, 27 “against”, 11 abstained. The declaration was supported by all..
In Plovdiv, experts discuss issues of the food industry, in accordance with the most up-to-date requirements of the Bulgarian and European regulatory..
More than 550,000 people received support last year under the European programme Food and Basic Material Assistance – packages of staple foods and nine..
For the third year running, the number of young doctors who want to remain in Bulgaria after graduation has been going up, indicate the results of a..
Mostly Cloudy
Partly Cloudy