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Mayor Vasil Terziev (centre), Deputy Mayor for Finance Ivan Vassilev (left) and City Councillor Simeon Stavrev at a press conference, Sofia, 26 September 2024.

Sofia is at risk of being left without a public transport system

"Stolichen Avtotransport's accounts have been frozen since yesterday, according to mayor Vasil Terziev. He warned that if the company ceased operations, Sofia would be left without public transport. "Deputy Mayor for Finance Ivan Vasilev, like the..

26.09.24 15:24 |
Korneliya Ninova

Debt collection companies will not be able to impose non-agreed charges

The government is to submit to the National Assembly a bill on collection companies, in order to prevent pressure on debtors. "Before starting to collect debts, the company will have to notify the debtor and invite them to..

30.03.22 16:43 |

Bulgarian National Bank holds an auction for the sale of treasury bonds amounting to EUR 250 million

On March 14, the Bulgarian National Bank (BNB) is holding the first auction in 2022 for the sale of government bonds with a maturity of 3.5 years. The state loan totals EUR 250 million. In November 2021, BNB held an auction for the sale of..

14.03.22 11:24 |
Aleksandrovska hospital

Aleksandrovska hospital with serious financial troubles

One of the biggest hospitals in Bulgaria – Aleksandrovska university hospital in Sofia has accumulated debts amounting to some 68 million Leva /35 million euro/. The last time the hospital showed a positive financial result was in 2012, shows a..

02.06.21 15:46 |
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