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 Bulgarian Academy of Sciences will celebrate the National Enlighteners’ Day today with a ceremonial event and an exhibition, reported BTA. The event will be opened by the Academy’s President, Corresponding Member Evelina Slavcheva. Academician Ivan..
On Friday, minimum temperatures will range from 2° to 7°C , reaching up to 10°C along the Black Sea coast. In the valleys, temperatures may drop below 0°C, while in Sofia it will be around 2°C. In the morning, fog or low cloud is possible in some lowland..
In the Ukrainian city of Izmail, the refurbished monument to revolutionary poet Hristo Botev was officially unveiled today , even as air raid sirens sounded across the city, BTA reported. The ceremony, which was held as part of the Day of the..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL..
The National Assembly has rejected President Rumen Radev's veto on changes to the State Intelligence Agency Act (SIA) and the State Agency Technical..
On Friday, minimum temperatures will range from 2° to 7°C , reaching up to 10°C along the Black Sea coast. In the valleys, temperatures may drop below..
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