The Sofia City Court has been informed of an official complaint by the Bromak company in the Supreme Administrative Court against the decision of the central bank to withdraw the license of Corporate Commercial Bank. Under the law, in these cases, the proceedings must be suspended until the end of the administrative dispute. Bromak is one of the main shareholders in the former bank and is owned by the owner of Corporate Commercial Bank Tsvetan Vasilev, who has been abroad for a few months. Meanwhile it was reported that offsetting of 400 million euro will be declared void as the aim is sale in order to collect more money for the fund for guaranteeing deposits. This is what the ruling coalition of GERB and the Reformist Bloc have ageed upon.
A Eurobarometer survey has registered the highest level of trust in the European Union since 2007 and the highest level of support ever for the common currency, the euro, both in the EU as a whole (74%) and in the euro area (81%). In Bulgaria,..
Despite the bad weather, dozens of children and their parents took part in an initiative for making toys for the Christmas decoration of the capital city. At the initiative of Sofia municipality, a workshop was put up in the square in front of..
The Democrats for a Strong Bulgaria (DSB) are to nominate the party’s leader Atanas Atanasov for president of the 51 st National Assembly. According to BNR sources, the decision was made by the party’s national leadership and will be put to..
The financial effect of our country's accession to Schengen by land will amount to BGN 1.63 billion (EUR 833.4 million) per year, according to a study..
The Ministry of Transport and Communications supports the idea of naming Sofia Airport after Vasil Levski– the most undisputed figure in Bulgarian..
On the occasion of World AIDS Day, observed on December 1, volunteers from the Bulgarian Red Cross Youth in Sofia will light tealights on the Lovers'..
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