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.
Citizens of Sofia gathered for a protest once again today in memory of 12-year-old Siyana, who died in a car accident. Mass demonstrations continue across the country against the deadly behaviour of drivers on the Bulgarian roads...
Patriarch Daniil has served a Holy Liturgy in the Cathedral of St. Alexander Nevsky on the occasion of the Feast of the Entrance of the Lord into Jerusalem. After raising Lazarus from the dead, the Son of God went to..
At an official ceremony to welcome the first Bulgarian F-16 Block 70 fighter jet at the 3rd Air Base in Graf Ignatievo, Prime Minister Rosen Zhelyazkov pointed out that the new plane symbolizes the ideological change that began in..
The delivery of the F-16 fighter jets is just the beginning of the political commitment to logistics, maintenance and the development of real..
The military research vessel RSV 421 "Sts Cyril and Metodius" has returned to Bulgaria after successfully completing its third mission to Antarctica...
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..
Overcast, rain
Mostly Cloudy
Partly Cloudy
Cloudy