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.
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..
For now, we do not envisage and do not propose to the Bulgarian parliament to return the conscription military service, Caretaker Minister of Defense Atanas Zapryanov told BNR. He expressed the hope that with the increase in the salaries of the military..
"What the president is right about is that everybody has to position themselves." Thus, the leader of GERB Boyko Borisov responded to the expectations of President Rumen Radev that the parties position themselves and take adequate actions on a..
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..
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..
Over a hundred participants in the voluntary teams of the Bulgarian Red Cross for disaster and crisis action, as well as representatives of the..
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