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 Monday, it will be mostly cloudy over most of the country and in some places it will rain. The lowest temperatures will be between 4° and 9°C; in Sofia - about 6°C. The highest will be between 13° and 18°C, slightly lower along..
“I am deeply saddened by the news of the horrific missile attack on the center of the city of Sumy on Palm Sunday,” Prime Minister Rosen Zhelyazkov wrote on the social network X. The Prime Minister expressed empathy for the..
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...
Five out of seven paediatricians at the capital's Fifth Multiprofile Hospital for Active Treatment "Knyaginya Klementina" have submitted their resignations..
Public transport workers in Sofia, Varna and Ruse took to the streets of the capital under the slogan “Decent work – decent pay! Without transport there..
Bulgarians, especially young people, need to understand that it is essential to have an employment contract to protect their labour rights, Labour and..
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