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.
Today is the last day of operation of Bulgaria's second largest coal-fired power plant, ContourGlobal Maritsa East 3 TPP. From tomorrow, 130 of the company's 160 employees will be laid off. In recent weeks, the state, which has a 27% stake in the..
Bulgaria and Jordan will co-chair a high-level meeting in Sofia as part of the Aqaba Process Initiative . At the invitation of Bulgarian President Rumen Radev and His Majesty King Abdullah II of Jordan, heads of state, government officials,..
Work accidents last year were 114 more than in 2023, while deaths decreased by a quarter, the National Social Security Institute reports. A total of 3,108 work accidents were declared during this period - most of them occurred at..
The 30th of March is the opening day of the summer season at Burgas Airport. The coastal airport will offer tourists more flights and new destinations -..
Over the next 24 hours, the weather will remain mostly cloudy. There will be short-term precipitation, temporarily intense and with thunderstorms in..
On Monday, the cloudiness will be mostly significant with short-term rain showers and light wind. The minimum temperatures will be between 6°C and 11°C,..
Overcast, rain