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 Saturday, lows will be between 12 and 17°C, 12°C in Sofia. Before noon it will be cloudy in eastern Bulgaria, with showers in places, but by the end of the day the precipitation will stop. The rest of the country will be free of rain, with clouds..
The certification of the voting machines for the early parliamentary elections in Bulgaria on October 27 has been completed. The final step involved the trusted build of the software for the voting machines and the generation of a hash code. This..
27-year-old Tsvetan Ivanov-Choni, winner of the European Street Food Awards Bulgaria competition, won the "Best Sandwich" award at the European Street Food Awards Finale in Saarbrücken, Germany, in competition with participants from 17..
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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