The Romanian Financial Supervisory Authority (ASF) decided to revoke the operating license of Euroins Romania, part of Bulgaria’s Euroins Insurance Group and file a court request for the launch of bankruptcy proceedings. The company was a leading insurer in the third party liability segment in Romania. At an emergency press conference, the Chairman of the Board of Euroins Insurance Group Assen Hristov said that this was an organised attack on the company and that the company would appeal against the decision.
Euroins Insurance Group is part of Eurohold Bulgaria, which acquired the assets of CEZ Bulgaria and now the electric company operates under the name "Electrohold".
On Friday , the lowest temperatures will be between minus 5 and 0°C. In Sofia it will be around minus 3°C. In the morning hours along the riverbanks and around water basins there will be reduced visibility. It will be sunny during..
The importance of eurozone membership for Bulgaria was the focus of Prime Minister Rosen Zhelyazkov's meeting with European Central Bank President Christine Lagarde and Eurogroup President Pascal Donahue. On the sidelines of the European Council meeting..
"Currently, Bulgaria is one of the few in the EU that unconditionally meets all nominal criteria for convergence to the eurozone, including the price stability criterion, with which we have had problems in recent years." This was..
Workers in state psychiatric hospitals have gone on strike demanding higher salaries and better working conditions, including adequate workplace..
A proposal for holding a referendum on preserving the Bulgarian lev has been submitted to the parliament's registry office. This was announced by the..
Bulgaria ranks third among EU countries in terms of minimum wage growth in the period 2015-2025. According to Eurostat, during this..
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