The European Central Bank has chosen to check six of Bulgaria’s biggest banks as part of the procedure for this country’s accession to the European Banking Union and the ERM II Mechanism (Eurozone’s waiting room). According to publications in Mediapool and Capital, the three biggest banks in Bulgaria-UniCredit Bulbank, DSK and UBB, as well as First Investment Bank will be subject to stress tests. The banks have to go under the asset quality review under the so-called Comprehensive Assessment of the Bulgarian Banking System. Bulgaria aims at joining the Banking Union and the Eurozone Waiting Room by July 2019.
In the forth quarter of 2024 compared to the forth quarter of 2023, total costs of employers in Bulgaria per hour of work of employed persons have risen by 12.8 % , show NSI data. The highest rise in overall costs for labour is registered in the..
The Bulgarian citizen who died in the attack in Gaza two days ago is Marin Marinov , 51 years old from the city of Yambol. This is clear from a publication by the Yambol municipality on social networks. Israel investigates the death of the..
The Bulgarian education system and the law on preschool and school education do not provide for the so-called language integration , Minister of Education Krasimir Valchev admitted to the relevant parliamentary committee. According to him, this means..
Bulgaria has improved its rating in the World Happiness Report , but remains 85 th out of 147 countries, which is the lowest position for an EU..
The importance of eurozone membership for Bulgaria was the focus of Prime Minister Rosen Zhelyazkov's meeting with European Central Bank President..
On Thursday at 11.01 a.m., astronomical spring will arrive. The minimum temperatures will be minus 5 °C and 0°C. In Sofia, it will be around minus..
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