The European Central Bank has chosen to check six of Bulgaria’s biggest banks as part of the procedure for this country’s accession to the European Banking Union and the ERM II Mechanism (Eurozone’s waiting room). According to publications in Mediapool and Capital, the three biggest banks in Bulgaria-UniCredit Bulbank, DSK and UBB, as well as First Investment Bank will be subject to stress tests. The banks have to go under the asset quality review under the so-called Comprehensive Assessment of the Bulgarian Banking System. Bulgaria aims at joining the Banking Union and the Eurozone Waiting Room by July 2019.
The government strongly condemned the desecration of the European Commission building in Bulgaria in a Facebook post. "Attacks against institutions, whether national or European, are unacceptable and contradict the principles of the rule of law...
A protest in defense of the Bulgarian lev and against Bulgaria's entry into the Eurozone began at noon in the center of Sofia. The organizers are the Vazrazhdane party and civil organizations. The participants are demanding a broad public debate on the..
The repairs to the Danube Bridge, connecting Bulgaria and Romania, have been partially halted , BNT reported. This was necessary due to the low temperatures in recent days in Ruse and the entire country. It is expected that the repairs to the Danube..
The patriots from Vazrazhdane parliamentary party and civil organizations against Bulgaria's accession to the Eurozone have announced a protest for today...
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..
Mostly Cloudy
Partly Cloudy