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.
More than 550,000 people received support last year under the European programme Food and Basic Material Assistance – packages of staple foods and nine kinds of sanitary items. Almost 70,000 people from 232 municipalities have availed..
During an operation of the General Directorate Combating Organised Crime under the leadership and supervision of the Sofia City Prosecutor's Office and the National Revenue Agency, a criminal group involved in tax crimes and money..
A list of over 10 unfair trade practices that must be stopped will be handed over to representatives of all parliamentary groups. Among them are high mark-ups, hidden fees of retail chains, inequality between Bulgarian and imported..
In Plovdiv, experts discuss issues of the food industry, in accordance with the most up-to-date requirements of the Bulgarian and European regulatory..
Education must make children not only knowledgeable but also good people, said Minister of Education and Science Krasimir Valchev at a meeting with His..
On February 19th, the day when Bulgarians worldwide commemorate 152 years since the passing of the Apostle of Freedom, Vasil Levski, Bulgaria’s National..
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