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 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 current law, it was supposed to happen from July 1, 2024. This means that on July 1, the Energy and..
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 at the Mental Calculation Olympiad, which was held online. Kaloyan scored 243 points and thus..
Bulgarian fragrances and cosmetics will participate in the IN-COSMETICS GLOBAL 2024 exhibition, which starts today in the world capital of the perfume..
On Wednesday, minimum temperatures in the country will be between 13 and 18°C, with 13°C in Sofia. Lower temperatures are expected in north-western..
Caretaker Minister of Interior Kalin Stoyanov and German Federal Minister of the Interior Nancy Faeser visited the "Kapitan Andreevo"..
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