In an interview for the Bulgarian National Radio a source from the European Central Bank denied the information that ECB supervisors will arrive in November in Bulgaria to assess 6 Bulgarian banks in line with this country’s application to join the ERM2 mechanism, also known as the Eurozone’s waiting room. According to the ECB source, this may happen if amendments to the Bulgarian legislation enabling the European Central Bank to supervise Bulgarian banks are made. Unicredit Bulbank, DSK Bank and United Bulgarian Bank are among the banks which are most likely to be checked by the ECB when this financial institution is enabled to make bank supervisions in Bulgaria.
The Bulgarian government and the German defence group Rheinmetall have signed an agreement in Sofia to build a gunpowder and 155 mm artillery shell factory at the state-owned Vazov Machine Building Works (VMZ) in Sopot. The deal was signed by..
The Embassy of Bulgaria in Washington hosted a reception for the Board of Executive Directors of the oldest Jewish organization "B'nai B'rith" . This was announced by the diplomatic mission on Facebook . The organization’s CEO..
Applications for recognition of higher education obtained abroad have doubled. This was announced by Vanya Grashkina-Mincheva, executive director of the National Center for Information and Documentation before a meeting of the parliamentary education..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that..
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