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.
Caretaker Premier Dimitar Glavchev, Deputy Premier and Minister of Finance Lyudmila Petkova and Agriculture Minister Georgi Tahov will meet today with representatives of agricultural organisations in Bulgaria . Solutions to the most pressing..
On Wednesday minimum temperatures in the country will range from 7 to 12° C., for Sofia 9° C. During the day there will be sun, with clouds over the mountains in the afternoon and occasional rain in some parts. Maximum temperatures 19-24° C., for..
Bulgarian timber, rather than imported wood, is the primary raw material for the wood processing and furniture industry in Bulgaria, caretaker Deputy Minister of Agriculture, Food and Forestry Miroslav Marinov said at the official opening of the 20 th..
For the early parliamentary elections in Bulgaria and the elections for European Parliament, which will be held on June 9, at this stage it is planned to..
On Tuesday the minimum temperatures in Bulgaria will be between 6 and 11°C, in Sofia - about 7°C. During the day it will be cloudy and rainy. In western..
Caretaker Prime Minister Dimitar Glavchev has proposed to President Rumen Radev changes in the composition of the caretaker cabinet , the government..
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