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.
Deputy Minister of Defence Radostin Iliev and Deputy Chief of Defence Lt. Gen. Krassimir Kanev hosted senior U.S. officers from the National Defense University on February 14. The officers, who have completed the CAPSTONE Senior Military Leadership..
Kiril Petkov, co-chairman of We Continue the Change (PP), is to be tried over the arrest of GERB leader Boyko Borissov on March 17 2022 . Prosecutors submitted the charges against Petkov to the Sofia City Court two months after he voluntarily waived his..
A male black vulture, released as part of the reintroduction of the species, has managed to find a life partner, who probably comes from the black vulture colony in Dadia National Park in Greece. The new pair was spotted in the..
The Commission on Protection of Competition has requested information from producers and retailers of fast-moving consumer goods to determine the..
Kiril Petkov, co-chairman of We Continue the Change (PP), is to be tried over the arrest of GERB leader Boyko Borissov on March 17 2022 . Prosecutors..
On Saturday it will be mostly cloudy with occasional sunny spells in the Upper Thracian Lowlands. In eastern Bulgaria there will be light to moderate..
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