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.
On Tuesday, the weather in Bulgaria will be cloudy, in many places in Western and Central Bulgaria with rain showers. Rainfall will be significant in quantity in Western Bulgaria and the Rhodopes. Thunderstorms are also expected. In Eastern Bulgaria,..
The College of Prosecutors of the Supreme Judicial Council has agreed to resume the suspended procedure for the election of the Prosecutor-General. According to the adopted timetable, the hearing of the candidates and the election of a new Prosecutor..
After the Central Electoral Commission refused the registration of the two factions of the Movement for Rights and Freedoms party (DPS) with coalitions of DPS, the leader Ahmed Dogan and chairman Jevdet Chakarov submitted documents for independent..
From today until September 15, Sofia's Vitosha boulevard and the park in front of the National Palace of Culture are transformed into a huge open-air..
Over a hundred participants in the voluntary teams of the Bulgarian Red Cross for disaster and crisis action, as well as representatives of the..
It is 80 years, on 9 September, since the communist coup d'état which put an end to the Kingdom of Bulgaria. Talking about the communist past is..
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