The stress tests of the Bulgarian banking system have suggested the need of corrections of 1.3 percent of bank assets. This amounts to the total of 665 million leva (close to 333 million euro). The Bulgarian National Bank (BNB) has said that the banks that have to carry out supervision measures have already submitted their plans. The stress tests of the system have been conducted under both a basic and adverse scenarios. The need to make corrections has been found at First Investment Bank, Piraeus, Investbank and Victoria Commercial Bank. The evaluation of the quality of assets and stress tests have suggested that the banking system is stable and extremely resistant.
On Friday, the minimum temperatures in Bulgaria will be from 7 to 12°C. In Sofia, it will be around 10°C. During the day, the cloudiness over the western and central regions will be broken and decrease to mostly sunny spells. After lunch, clouds will..
The explosions at a UN guesthouse in Gaza on March 19, which killed Bulgarian UN staffer Marin Marinov and seriously injured five others, were most likely caused by two Israeli tank shells. Marin Marinov is the Bulgarian who died in the attack..
The cabinet headed by Rosen Zhelyazkov survived the second vote of no confidence. It was submitted by the MECH party, with the support of "Vazrazhdane" and "Velichie" parties due to its failure to deal with corruption. MECH files vote of no..
The Ministry of the Interior announced in a briefing that it is taking all necessary measures to ensure a smooth flow of traffic during the upcoming..
The Executive Agency National Film Center (NFC) has launched a new digital platform Filmcenter.bg . The portal facilitates free access for international..
The Council of Ministers has approved and submitted to Parliament for debate amendments to the Criminal Code that increase the penalties for torturing..
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