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.
Today's meeting of the National Council for Tripartite Cooperation, which discussed a draft government decree to raise the minimum wage from the current 477 euros to 550 euros as of 1 January 2025, ended without consensus. Trade unions supported..
Defence Minister Atanas Zapryanov and Japanese Ambassador to Bulgaria Hisashi Michigami discussed bilateral defence cooperation and partnership in the context of NATO. The discussion focused on support for Ukraine and the contribution of Bulgaria..
Hurricane Milton, which hit the west coast of the US on Thursday, did not cause the catastrophic storm surge that had been expected. But the damage is nonetheless considerable. Authorities have reported 10 deaths so far, and that number is expected to..
Hundreds of guitarists will perform the legendary song "Kletva " (Oath) in memory of Kiril Marichkov who died in an accident on stage. The song..
A motorcycle procession in support of organ donation and transplantation passed through the streets of Sofia. Under the motto “Yes to life!”, the..
The National Health Insurance Fund (NHIF) will check whether hospitals have falsely reported medical treatment without the patient having been admitted..
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