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.
Greece’s Minister of Defence Nikos Dendias announced that Greece, Bulgaria and Romania are to establish a military mobility corridor in NATO’s Eastern flank. “Today my Bulgarian and Romanian counterparts, Mr. Atanas Zaprianov and Mr. Angel..
The parliamentary group of the Movement for Rights and Freedoms (DPS) has excluded 17 MPs. Among them is the co-chairman Dzhevdet Chakarov. The decision was read in the plenary hall by the Deputy Speaker of the National Assembly,..
We discussed how to make NATO stronger, focusing on the collective, while at the same time strengthening the defense of each member country, caretaker Prime Minister Dimitar Glavchev said. He added that in the discussions in..
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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