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 Supreme Administrative Court has overturned as unlawful the Central Election Commission's refusal to register the Movement for Rights and Freedoms - New Beginning coalition (one of the two factions of the DPS) for the 27 October parliamentary..
The Commission for Consumer Protection has ordered the immediate withdrawal from the market of two products known as energy sniff, which are inhaled through the nose and are an alternative to energy drinks. The products have been identified as a serious..
With the votes of GERB, We Continue the Change (PP-DB) and the Movement for Rights and Freedoms (DPS), Parliament decided to extend by 180 days the negotiations between the Bulgarian Energy Minister and his Ukrainian counterpart on the sale to Ukraine of..
Bulgaria ranks second in the world in terms of bread consumption after Turkiey, reported BNT citing the Turkish news site Yenigün. According to the..
Acting chairman of the Bulgarian Socialist Party (BSP) Atanas Zafirov has withdrawn the papers submitted yesterday for the BSP’s independent..
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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