The Bulgarian government has made a recommendation to the National Assembly that it should dismiss the Deputy Chairperson of the Financial Supervision Commission /FSC/ Ralitsa Agayn for the current situation with the defunct insurance company "Olympic".
This became clear after a meeting between Prime Minister Boyko Borissov, Finance Minister Vladislav Goranov and the FSC leadership. We find serious shortcomings in the work of the Head of the Insurance Supervision Department in the Commission, Minister of Finance Vladislav Goranov said. He announced that the Cypriot ambassador to Sofia was called to the MFA in order to bring clarity over the procedure for ceasing of “Olympic” operations.
This is important in order for Bulgarians to receive compensations from the Cyprus Fund, the Minister added.
New car sales in Bulgaria in October increased three times more than the average for the European Union , where the purchase of new cars is only 1.1%. According to the Association of European Automobile Manufacturers, 75.9% of cars registered in..
77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a national survey by Podkrepa trade union. Half of those surveyed are in favour of a nation-wide..
The damage control and fire-fighting teams in Shumen have responded to 10 reports of damage due to the strong wind, the Regional Directorate of the Interior Ministry has announced. More often than not the reports were of fallen trees and branches in..
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
Bulgaria’s caretaker Foreign Minister Ivan Kondov and his Albanian counterpart Igli Hasani confirmed the firm commitment of the two countries to the..
77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a..
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