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.
''I am ready for a dialogue with the president at any time, as I have done so far'', said caretaker Prime Minister Dimitar Glavchev regarding the proposed changes in the composition of the caretaker cabinet. ''The responsibility for the ministers I..
Italy supports Bulgaria's full-fledged membership in the Schengen area, Italian President Sergio Mattarella said. Mattarella is on a two-day visit to Bulgaria at the invitation of President Rumen Radev. The two discussed the development of relations in..
On 16 April 2024, the Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Iran to Bulgaria Mr. Alireza Irvash was summoned to a meeting at the Ministry of Foreign Affairs on the occasion of Iran’s attack on Israel on 14 April..
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..
Italy supports Bulgaria's full-fledged membership in the Schengen area, Italian President Sergio Mattarella said. Mattarella is on a two-day visit to..
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