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.
"Bulgaria is the main driving force behind the European integration of the Western Balkan countries because we are aware of how important this integration is for the security, stability and sustainable economic development of the region," said..
In a major article entitled "Bulgarians exploited the computer that said 'yes'", The Times says that the British nation owes gratitude to Inspector Vassil Panayotov for exposing the gang of Bulgarian fraudsters who took advantage of the "generosity and..
I will not be Patriarch. This I can declare, and you have no idea who will be the Patriarch," Metropolitan Nikolai of Plovdiv said in Burgas. The comment was made two days after Metropolitan Anthony of Western and Central Europe said that no document..
At noon sharp today, air raid sirens will sound throughout the country for 2 minutes in tribute to the memory of revolutionary poet Hristo Botev and all..
Three police officers were injured during last night’s playoff in the Conference League qualifying phase between CSKA-Sofia and CSKA 1948 at Vasil..
“In Bulgaria there are many other camps and prisons but Belene has come to be regarded as a synonym of communist repression and communist brutality,”..
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