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.
Bulgaria’s Minister of Defence Atanas Zapryanov described as fake news the reports about terrorist threats against Bosnia and Herzegovina (BiH) from Bulgarian territory. ''Bulgaria contributes to the peace and security of Bosnia and Herzegovina by..
Due to the official recommendation of the European Commission and the European Union Aviation Safety Agency (EASA), Bulgaria Air has canceled all flights to and from Israel until October 15, the national carrier announced on its website. The measure..
There has been no change in the security environment since Bulgaria's accession to the Schengen area on March 31, caretaker Minister of Interior Atanas Ilkov said during a working meeting with the ambassadors of the EU member states, organized by..
In December this year the Ministry of Finance will have covered the last of the criteria for accession to the Eurozone – inflation, said caretaker..
Charges of trading in influence are to be brought against Dzheyhan Ibryamov after decisions were made to strip him of his immunity from prosecution..
If the general elections were to be held at the beginning of October, 6 parties and coalitions would enter the Bulgarian parliament, a Market Links..
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