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.
On Sunday, the lowest temperatures will range between 1°C and 6°C, around 2°C in Sofia. During the day, it will be mostly sunny, with temporary increases in cloudiness. There will be light to moderate southerly and southeasterly winds. It will warm..
Protests demanding safer roads following the death of 12-year-old Siyana Popova took place across the country. Thousands of people gathered in the square in the village of Telish, Northwestern Bulgaria. "I am a voice, a father who lost his child,..
The Justice for All Initiative organized a protest march titled "Peevski Out of Power". It took place in central Sofia on the eve of Constitution Day, April 16. The citizens expressed their support for the constitutionally established principles of..
The delivery of the F-16 fighter jets is just the beginning of the political commitment to logistics, maintenance and the development of real..
As an EU member state and a NATO ally, Bulgaria is an active participant in solidarity initiatives aimed at strengthening our deterrence and defense..
The police in the town of Veliko Tarnovo (Central North Bulgaria) detained a tourist bus driver with more than 2 permille of alcohol in his blood..
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