A meeting at the Council of Ministers today is looking into what kind of assistance can be rendered to the clients of Olympic insurance company which has gone bankrupt.
Because of this, 200,000 clients were left without civil liability insurance policies, estimated at 9,350,000 Leva /4,781,000 euro/. To begin with, the authorities stated all people concerned must take care of the problem individually, but the people affected staged a protest in front of parliament building, demanding the assistance of the Financial Supervision Commission, the Bulgarian Guarantee Fund and the prime minister.
In connection with the bankruptcy of Olympic insurance company, the prosecutor general has ordered an inspection to be carried out of the Financial Supervision Commission. The inspection will focus most of all on the way state insurance supervision was carried out, whether the legal requirements for the start of operation by the Olympic branch in Bulgaria have been observed, and how ongoing supervision of the company’s activities was exercised. The inspection is entrusted to the Supreme Prosecutor's Office of Cassation and the State Agency for National Security.
Seven fires are burning in forest areas in the districts of Plovdiv, Haskovo, Kyustendil and Yambol, the Executive Forests Agency said. In Hisarya Municipality, volunteers are being recruited to combat the fire in the villages of Mihiltsi and..
Collectible cars and mopeds will be put on display in Kurdzhali today, as part of the vintage car parade within the frameworks of the Days of Friendship, an initiative by Kurdzhali municipality . The vintage car parade will, by a tradition,..
Sunday will be sunny and hot. There will be a light, in the Eastern parts to moderate wind from the East-Northeast. Maximum temperatures 35-40° C., for Sofia around 36° C. Over the mountains there will be sun, with cumulus clouds in the..
Caretaker Premier Dimitar Glavchev and the Director of the General Directorate Fire Safety and Civil Protection, Chief Commissioner Alexander Dzhartov,..
Bulgarian politicians and institutions have condemned the assassination attempt on Donald Trump. "We are deeply shocked by the horrific attack on..
Our country is at real risk of losing funds under the Recovery and Resilience Plan, European Commissioner for Innovation, Research, Culture,..
Clear
Partly Cloudy