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.
Monday will be mostly sunny. Cloudiness from the west will increase in the afternoon, rain will begin in the evening in the western regions. The maximum temperatures will be between 27° and 32°C, in Sofia – about 28°C. It will be mostly sunny..
The members of the Supreme Judicial Council have neither the legal nor the moral right to choose the next chief prosecutor, given that their mandates have long since expired, former caretaker interior minister Ivan Demerdzhiev told BNR. On..
The two wings of the Movement for Rights and Freedoms party, which intend to participate in the early parliamentary elections on October 27 in coalitions, did not comply with the instructions of the Central Election Commission (CEC) to submit documents..
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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