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.
Nearly 50 pre-trial proceedings have been initiated for crimes against the political rights of citizens, caretaker Minister of Interior Atanas Ilkov told journalists. Nearly 140 alerts have been received. More than 100 inspections have been..
Today's meeting of the National Council for Tripartite Cooperation, which discussed a draft government decree to raise the minimum wage from the current 477 euros to 550 euros as of 1 January 2025, ended without consensus. Trade unions supported..
Defence Minister Atanas Zapryanov and Japanese Ambassador to Bulgaria Hisashi Michigami discussed bilateral defence cooperation and partnership in the context of NATO. The discussion focused on support for Ukraine and the contribution of Bulgaria..
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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