Bulgaria’s Development Bank will finance up to 70% of the capital increase of First Investment Bank, the Bulgarian cabinet decided. The acquisition of shares in FiBank is extremely important for Bulgaria on its path to the Eurozone, Premier Borissov explained. The capital shortfall in FiBank was seen during a stress test of the European Central Bank when Sofia applied to join the Eurozone waiting room (ERM 2). Later, Fibank will buy off its shares from the state and pay interest for the credit, Premier Borissov contends. The aim of the operation is to help Bulgaria join ERM 2 by July this year, Boyko Borissov said further.
A 6-metre statue of the Virgin with Child was inaugurated in Razlog with a water blessing ceremony performed by Serafim, metropolitan of Nevrokop. The sculpture, erected in the centre of the roundabout in front of the general hospital in the town,..
On Sunday there will be sun with scattered high clouds. Fog will temporarily form in the morning in some valleys and around water basins. Minimum temperatures 6-11° C., for Sofia around 7° C. Maximum temperatures 18-23° C., for Sofia 20° C...
A motorcycle procession in support of organ donation and transplantation passed through the streets of Sofia. Under the motto “Yes to life!”, the riders followed the route from the National Museum of History to the National Assembly building,..
Bulgarian singer, musician and composer Kiril Marichkov has passed away. The rock musician has died in an accident in the village of Selanovtsi,..
Hungary’s Interior Minister Sándor Pintér stated that abolishing checks at Bulgaria and Romania’s land borders will be on the agenda of the meeting of..
The official trailer of the film Gundi – Legend of Love caused a veritable sensation, turning into the biggest success in the history of Bulgarian..
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