The stress tests of the Bulgarian banking system have suggested the need of corrections of 1.3 percent of bank assets. This amounts to the total of 665 million leva (close to 333 million euro). The Bulgarian National Bank (BNB) has said that the banks that have to carry out supervision measures have already submitted their plans. The stress tests of the system have been conducted under both a basic and adverse scenarios. The need to make corrections has been found at First Investment Bank, Piraeus, Investbank and Victoria Commercial Bank. The evaluation of the quality of assets and stress tests have suggested that the banking system is stable and extremely resistant.
The Ministry of Foreign Affairs recommends that Bulgarian citizens traveling or residing in Canada keep themelselves well-informed about the current weather conditions, and regularly check the status of their flights. The Canadian Meteorological..
The Ministry of Finance published the 2025 draft budget and the medium-term budget forecast for the 2025-2028 period. The projected deficit for 2025 is up to 6.4 billion BGN (EUR 3.3 billion), which is 3% of GDP. Expenditures will remain within the..
A commemorative ceremony today in the center of Sofia will mark the 152nd anniversary of the death of Bulgarian national hero Vasil Levski. The solemn ceremony in front of the Monument to the Apostle of Freedom will begin at 6:00 p.m. Citizens will..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to..
The latest technological solutions, products and projects in the field of agriculture and agro-industry will be presented at the "Agra..
Bulgaria’s President Rumen Radev named Sofia Airport after the Apostle of Freedom Vasil Levski, the press secretariat of the head of state announced...
+359 2 9336 661