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.
European Commissioner for Home Affairs Ylva Johansson and Romanian Deputy PM and Minister of Interior Cătălin Marian Predoiu are arriving today on a working visit to Bulgaria. The visit comes at the invitation of the Minister of..
On April 18, we mark World Amateur Radio Day. On this date in 1925, the International Amateur Radio Union (IARU) was founded. In Bulgaria, the foundations of the organized amateur radio movement were laid in 1926, when 38 people of..
On Thursday , the lowest temperatures in the country will be between 5 and 10°C; in Sofia – about 5°C. It will be cloudy with rainfalls in the morning mainly in eastern Bulgaria. The weather remains windy, with moderate to strong..
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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