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.
On Thursday morning, fog will begin to form in the lowlands and valleys. The lowest temperatures will range from 0°C to 5°C, in the easternmost regions up to 8°C-10°C, for Sofia around 1°C. The maximum temperatures will range from 12°C to 17°C, for..
Bulgaria’s accession to the eurozone is the next major priority after the country’s full membership in Schengen. "The eurozone is at our doorstep", caretaker Premier Dimitar Glavchev said. He made this comment at the beginning of the first government..
The Council of Ministers adopted a decree amending and supplementing the 2011 regulation on the conditions and procedure for issuing visas and determining the visa regime. It synchronizes the legal framework with the requirements of the Schengen..
From 2 April 2025, the UK will introduce the issuance of an electronic transit and short-term residence permit for citizens of all EU countries ,..
The metapneumovirus is not new and does not lead to severe illnesses. There is already a decrease in morbidity in China and there are no deaths there,..
A protocol for cooperation and exchange between the Ministries of Education and Science in Bulgaria and Ukraine for 4 academic years until 2028 was..
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