As of October 1, 2020, the Bulgarian National Bank (BNB) is cooperating with the European Central Bank. The accession of Bulgaria to the Banking Union has lead to the direct supervision by ECB of 5 commercial banks registered in Bulgaria- DSK, United Bulgarian Bank, Eurobank, Unicredit and Raiffeisen Bank. Although, they are subsidiaries of European banking families, they are monitored in Bulgaria as well. It is the responsibility of BNB to supervise the smaller banks in this country, although Frankfurt can take over their supervision as well.
First Investment Bank is not being supervised by ECB. Before Bulgaria’s accession to ERM II, the bank raised its capital with the help of the Bulgarian Development Bank and a private investor.
The documentary film "The Heart of the Other Bulgaria" by journalist Milena Milotinova had its premiere at the Central Military Club in Sofia. The film is dedicated to the 30th anniversary of the State Agency for Bulgarians Abroad. The documentary is..
Exhibitions of traditional rugs and clothing from the beginning of the 20th century, a bazaar of handicrafts and agricultural products, a competition for the best home-made rakia and a rich music program are part of the first day of..
The 13th International Festival for Street and Puppet Theater "Puppet Fair" opens at the Sofia Puppet Theater (14 General Gurko Street). The festival, which will run until September 21, is non-competitive. Professional theatres from the country and..
Defence Minister Atanas Zapryanov has cancelled the air show at the Graf Ignatievo Air Base after an L-39 ZA military transport plane crashed, the..
The Supreme Administrative Court rejected the appeal of the coalition around Ahmed Dogan - "Democracy, Rights and Freedoms - DPS"..
At a Bulgarian-Chinese business forum in Sofia, President Rumen Radev pointed out the advantages of the business environment in..
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