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.
The smallest political party in Parliament - Velichie - is on the verge of collapse, its founder Ivelin Mihaylov has warned, after the party's MPs voted unanimously against the government proposed by GERB. PP-DB reaffirms its refusal to support a..
On Thursday, clouds will break over the country. After midday there will be short showers with thunderstorms in the Rila-Rhodope area. Minimum temperatures will be between 15 and 23°C, 15°C in Sofia. Maximum temperatures will be between 25 and 30°C,..
The Bulgarian folklore ensemble ''Rodina'', led by Rayna Stamatova, will represent our country at the annual European Union Cultural Festival, which will be held in Lansdowne Park in Ottawa on July 13, 2024, the Ministry of Foreign Affairs announced...
"It is evident that the political crisis continues and its solution requires not only putting aside personal and party interests but also requires..
The Balkans are attracting more and more medical tourists, with Turkiye being the undisputed leader, ranking among the top 10 most preferred countries..
After a heated debate, Parliament rejected the proposed GERB-SDS cabinet with Rosen Zhelyazkov as Prime Minister. It was supported by 98 MPs, with 138..
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