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.
For the second year, so-called "cherry" tourism is being organized in the region of Kyustendil, known for its delicious cherries, BNR correspondent Kiril Falin has reported. Groups, families, even entire classes of students from all..
For the first time in the history of Mexico, a female president, Claudia Sheinbaum, is at the head of the country. "For the first time in the 200-year history of the republic, I will be the first female president of Mexico,"..
"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..
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..
“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,”..
European Commission President Ursula von der Leyen will visit Bulgaria's second-biggest city Plovdiv today . The visit is part of the tours in..
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