Bulgarian Finance Minister Vladislav Goranov commented on the fact that Bulgarian banks passed the stress tests, stating that figures show that the government debt ceiling for 2017 will be zero.
“People have no cause to worry about their savings. The capital indicators of our system are almost twice as good as the average European figures that came out after the stress tests of banks in Europe,” said Minister Goranov and added that the resources accumulated will probably be spent on debt reduction operations.
Violations were found in 27% of the inspected sections along the Black Sea coast , according to the control authorities of the Ministry of Environment and Water. Minister Manol Genov ordered the inspection following the October floods in the southern..
With 128 votes in favour, the governing majority in Parliament and three independent MPs rejected the president’s veto on the Law on Defence and the Armed Forces. The amendments expand the possibilities for declaring a state of emergency and..
In Skopje, I am hearing more and more often concerns that relations with Bulgaria are being used as a convenient excuse for the lack of will or ability to undertake the necessary reforms. I do not want to believe this argument, said Bulgaria’s..
On Wednesday, minimum temperatures will range from 5°C to 10°C across the country, reaching 12°C to 17°C in southern Bulgaria and around 8°C in Sofia. It..
The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data..
Russia’s Lukoil said it reserves the right to pursue legal action to defend its rights and legitimate interests in Bulgaria after a special..
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