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.
On Friday, the minimum temperatures in the country will be between 2 and 7°C, in Sofia - 1°C. Clouds will be significant, with broken clouds along the Danube. It will rain in the Rila-Rhodope area in the afternoon. Rain will cover southern Bulgaria by..
The National Assembly has approved the National Health Strategy 2030. The document sets out three main objectives: sustainable improvement of health and the living environment; ensuring health security and reducing inequalities; and efficient management..
The Sofia Court of Appeal has permanently remanded the former head of the National Customs Agency Petya Bankova and businessman Stefan Dimitrov in custody. The decision is not subject to appeal. National Customs Agency head Petya Bankova..
The MPs from the National Assembly Energy Committee have postponed by one year the full liberalization of the electricity marker. According to the..
Seventh-grader Kaloyan Geshev from the 125th High School "Boyan Penev" in Sofia became a three-time champion in mental calculation. He won first place..
President Rumen Radev did not say whether he would sign decrees for the replacement of two ministers – the Minister of Foreign Affairs and the Minister..
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