As of October 1, 2020, the Bulgarian National Bank (BNB) is cooperating with the European Central Bank. The accession of Bulgaria to the Banking Union has lead to the direct supervision by ECB of 5 commercial banks registered in Bulgaria- DSK, United Bulgarian Bank, Eurobank, Unicredit and Raiffeisen Bank. Although, they are subsidiaries of European banking families, they are monitored in Bulgaria as well. It is the responsibility of BNB to supervise the smaller banks in this country, although Frankfurt can take over their supervision as well.
First Investment Bank is not being supervised by ECB. Before Bulgaria’s accession to ERM II, the bank raised its capital with the help of the Bulgarian Development Bank and a private investor.
The second helicopter to provide emergency medical services by air landed in Bulgaria this afternoon, the Health Ministry said. It will be used at the HEMS regional base in the city of Sliven. The eight air medical teams that will work there have..
Foreign Minister Georg Georgiev today received at the Foreign Ministry Susan Falatko, who arrived in Sofia a few days ago as Charge d'Affaires of the U.S. Embassy in Bulgaria. A statement from the Foreign Ministry said that during the meeting, Minister..
Next week, the Podkrepa Trade Union will begin a series of meetings with parliamentary groups in the National Assembly on the 2025 state budget, BTA reported. During the talks, the unions will offer their views on the increase in salaries in the budget..
The effects of the protests against supermarkets are being felt, Agriculture Minister Georgi Tahov said in Plovdiv, where he was attending a national..
In 2022, 14.7% of workers in the EU were low-wage earners . By definition, low-wage earners are those who earn two-thirds or less of the average gross..
A serious restrictive and even repressive attitude among Bulgarian society on the current issues of school education and upbringing is shown by an..
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