An open court hearing is scheduled for December 13 over the bankruptcy case of Corporate Commercial Bank. The indictment filed by the Specialized Prosecutor's Office on July 20th is over 5,000 pages. More than 400 witnesses have been questioned and the volume of evidence gathered is huge.
The main shareholder of the bank Tsvetan Vassilev and 17 other bankers and financiers are accused of draining over 1.25 billion euro. Vassilev has been hiding from the Bulgarian authorities and is wanted by Interpol as a procedure for his extradition is currently underway. The court could still decide that the trial continues in his absence.
Head of the Specialized Prosecutor's Office Ivan Geshev commented that it could be said that the CCB case is the biggest financial fraud and corruption scheme in the new Bulgarian history.
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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