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.
A huge criminal network trafficking cultural artefacts and laundering money has been dismantled by the Bulgarian Prosecutor's Office, the General Directorate for Combating Organised Crime (GDBOP), Europol, and the Italian Carabinieri , BGNES reported...
GERB will offer Christmas bonuses for pensioners in the amount of 120 lev (61.36 euro), party leader Boyko Borissov said on the sidelines of parliament. According to him, funds for pensioners will be found in the state budget...
“Podkrepa” begins a series of protest actions in key state administrations across the country, BGNES reports. The first of them is today at noon in front of the Central Office of the National Statistical Institute in Sofia and in..
The first quaternary wastewater treatment plant in Bulgaria was opened today in the village of Benkovski, Maritsa Municipality. “Today we are launching..
Bulgaria has officially become part of the European cultural route “The Wine Route” ( Iter Vitis ) . The certificate of membership was presented to..
Over the next 24 hours, cloudy and foggy conditions are expected across much of the western Danube and Upper Thracian plains. Rain is likely in western..
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