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.
Nearly 73% of Bulgarians did not visit a library, and 40 percent did not read a single book last year , according to a study by Alpha Research, announced in the Sofia-based Goethe Institute. According to the presented data, about 63% of Bulgarians did..
In the presence of cabinet ministers, politicians, mayors and diplomats, President Rumen Radev opened the summer tourist season in Bulgaria's seaside resort of Nessebar. In his greeting, the Bulgarian head of state thanked the local authorities and..
On Saturday the lowest temperatures will range from 8°C to 13°C, for Sofia 10°C. There will be fog in the valleys in the morning. It will be sunny during the day. Clouds will form over the mountains in the afternoon hours with a chance of..
There will be no significant rise in the price of electricity for household users, said caretaker Energy Minister Vladimir Malinov. Kozloduy..
On Monday , the cloudiness will remain significant and there will be rainfalls in the western half of the country. By the evening the..
The European Commissioner for Agriculture Janusz Wojciechowski will be on a working visit to Bulgaria on May 21. His program includes meetings in..
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