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 situation in the country illustrates the urgent need for the state to create conditions for holding more farmers' markets, where farmers can sell their produce directly to consumers. This was stated by the Bulgarian Farmers' Union in connection..
A specialized police operation by the Directorate of the Bulgarian Anti-Drug and Drug Enforcement Administration (GDBOP) uncovered an organized crime group operating in the Blagoevgrad region , related to the distribution of narcotics. 5 kg of..
Over 70% of Bulgarians are categorically against sending a military contingent to Ukraine. This was stated by Dimitar Ganev from the sociological agency “Trend” in an interview for the Bulgarian National Radio. President Radev opposes sending..
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..
Out of all politicians in this country, President Rumen Radev enjoys the highest approval rating – 46.7% , followed by Prime Minister Rosen Zhelyazkov..
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