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.
Most political forces in parliament commented on what is happening in the Movement for Rights and Freedoms (DPS) as internal problems of DPS. According to the chairman of the GERB-SDS parliamentary group, Boyko Borissov, the fact that there is a..
After 17 MPs from the Movement for Rights and Freedoms, MRF, were expelled, among them the party’s other co-chair Dzevdet Chakarov, MRF MP Ahmed Vranchev expressed, in written form, a desire to leave the Movement’s parliamentary group. DPS..
Several European liberal parties have sent a letter to the Alliance of Liberals and Democrats for Europe (ALDE) to demand that Delyan Peevski be monitored, pointing out that he has been sanctioned for corruption by the US under the Global Magnitsky..
The start of the major repair of the Danube Bridge near Ruse is the reason for a serious conversation about the connectivity between..
The Chairman of the GERB-SDS Parliamentary group, Boyko Borissov, sent an official refusal to the Movement for Rights and Freedoms (DPS) and confirmed..
During a discussion with US President Joe Biden at the 75 th anniversary NATO summit in Washington DC, Bulgaria’s caretaker Prime Minister Dimitar..
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