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.
"We Continue the Change - Democratic Bulgaria (PP-DB) has filed two complaints with the Constitutional Court in relation to the parliamentary elections held on October 27 this year. The first complaint is based on arguments gathered by the lawyers..
Bulgarian President Rumen Radev said that he hoped that the impasse over the election of the Speaker of the new National Assembly would be resolved quickly , reports BTA. Three new constitutional judges take oath Talking to journalists after the..
Dr. Nevin Feti, Professor Sasho Penov and Galina Toneva-Dacheva were sworn in as constitutional judges. The ceremony was held in the open session hall of the Constitutional Court. After taking the oath, the new constitutional judges signed their oath..
The Faculty of Physics of Sofia University Saint Kliment Ohridski will be hosting a number of events for the first time . It will open its laboratories..
“Bulgarian Socialist Party-United Left (BSP) and Vazrazhdane have collected 55 signatures for approaching the Constitutional Court in a bid to restore..
From 9 PM on 16 November until 7 AM on 17 November, the Turkish customs administration is suspending the processing of freight carrying vehicles at the..
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