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.
If the elections were held today, the GERB-SDS coalition would receive 23.1% of the votes, PP-DB - 14.8%, DPS-New Beginning of Delyan Peevski - 11.2%, "Vazrazhdane" - 11%, DPS around Ahmed Dogan - 6.5%, BSP - United Left - 6%, ITN -..
The first vote of no confidence in the government of Rosen Zhelyazkov was expectedly unsuccessful. 150 MPs rejected the vote submitted by the parliamentary groups of "Vazrazhdane", MECH and "Velichie" over failure in foreign..
Sofia celebrates 146 years since its declaration as the capital of Bulgaria. At the proposal of historian, scientist and statesman Prof. Marin Drinov, on April 3, 1879, the Constituent Assembly in the old capital Veliko Tarnovo..
The upgrade of the Bulgarian supercomputer Discoverer has been completed successfully, and the machine now has new systems capable of additional..
Housekeepers (76%), cooks (68%), receptionists (57%), waiters (50%), bar tenders (26%) and technical staff (23%) are in demand most for the tourist..
Protests will take place in front of the court houses in Sofia, Varna, Plovdiv, Burgas and Stara Zagora against pedophilia and crimes against children...
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