The High Court in Belgrade has ruled that the request of the Bulgarian investigators for the extradition of the majority owner of Corporate Commercial Bank (CCB) is well-grounded. The ruling however is at first instance and the banker’s lawyers have already appealed it at Serbia’s Court of Appeal. The Bulgarian prosecutor’s office has brought charges against Tzvetan Vassilev for siphoning more than 100 million euro from Corporate Commercial Bank whose majority owner is his company Bromak. When the bank was placed under special supervision at the end of June 2014 Vassilev was in Vienna and refused to come back to testify before the court for fears over his security. After he was declared wanted by Interpol he surrendered to the Serbian authorities on 16 September last year.
The political crisis can only be overcome by the return of principles to politics. Parties should clearly understand that their credibility is the key to their success, President Rumen Radev told journalists on the occasion of the upcoming elections...
Exactly 100 years ago, on the 12th of September 1924, St. Alexander Nevsky Cathedral was consecrated . The temple was built with public donations "in gratitude to the Russian people for the liberation of Bulgaria from the Ottoman yoke in 1878", on the..
The regional governor of Dobrich, Rumen Rusev, has sent the decision to hold a local referendum on the construction of wind farms back for further discussion. The Dobrich Municipal Council had decided that the local referendum should be held with..
Acting chairman of the Bulgarian Socialist Party (BSP) Atanas Zafirov has withdrawn the papers submitted yesterday for the BSP’s independent..
Bulgaria ranks second in the world in terms of bread consumption after Turkiey, reported BNT citing the Turkish news site Yenigün. According to the..
Before the start of the new school year, the ''Give a Book'' Foundation is collecting notebooks, plimsolls, pencil cases and backpacks filled with school..
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