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.
Major repairs to the Danube bridge at Ruse begin on 10 July, the Road Infrastructure Agency has announced. The work will be carried out daily during daylight hours for 10-12 hours a day, depending on the specific work to be carried out, and there..
Wednesday will be hot and sunny. There will be clouds in the afternoon, but rain will only fall in parts of Eastern Bulgaria and in the mountains. Minimum temperatures will be between 17 and 21°C, 18°C in Sofia. Maximum temperatures will be between 34..
The MPs from We Continue the Change (PP) reaffirmed at a meeting the position of the National Council of PP that "within the 50th National Assembly, there is no necessary majority for the creation of a truly reformist, anti-corruption and..
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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