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 will not be Patriarch. This I can declare, and you have no idea who will be the Patriarch," Metropolitan Nikolai of Plovdiv said in Burgas. The comment was made two days after Metropolitan Anthony of Western and Central Europe said that no document..
One urgent project is the dredging of the port of Varna to give it the necessary depth to accommodate the country's new warships, Defence Minister Atanas Zapryanov said in an interview with the daily 24 Chasa. Mr Zapryanov is continuing consultations..
On June 3, the award ceremony for the finalists in the 24th edition of the CodeIT programming competition will take place . Traditionally, the competition is held under the patronage of the Bulgarian Head of State Rumen Radev. This year the..
At noon sharp today, air raid sirens will sound throughout the country for 2 minutes in tribute to the memory of revolutionary poet Hristo Botev and all..
Three police officers were injured during last night’s playoff in the Conference League qualifying phase between CSKA-Sofia and CSKA 1948 at Vasil..
“In Bulgaria there are many other camps and prisons but Belene has come to be regarded as a synonym of communist repression and communist brutality,”..
sunshine, cloud, rain and thunder
Mostly Cloudy
Partly cloudy, chance of rain