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.
Bulgaria remains consistent in its support for Ukraine and will actively participate in the process of its post-war reconstruction , caretaker Premier an Minister of Foreign Affairs Dimitar Glavchev said at a meeting with the Ambassadors of Ukraine and..
Bulgaria supports an increase in de minimis aid in the agriculture, fisheries and aquaculture sector, caretaker Minister of Agriculture, Food and Forestry Georgi Tahov said at the Agriculture and Fisheries Council meeting in Luxembourg. Speaking on..
The 23rd South-West International Folklore Festival "Peace on the Balkans" unites dance groups from across Bulgaria, bringing them together in the town of Dupnitsa from May 30 to June 2. According to the regulations of the non-competitive event,..
Big global brands should stop their advertisements in pro-Kremlin media in the Balkans and especially in Bulgaria and Serbia - this is..
On Monday, it will be sunny over the western regions of Bulgaria, while there will be considerable cloudiness with rain showers in the..
A new complex in the village of Samoranovo, which includes a prison without bars based on the Norwegian model, a training center for prison officers, etc...
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