The Bulgarian National Bank has announced it is launching a targeted supervisory inspection of the Bulgarian Development Bank (BDB) as of tomorrow over the public conflict that has been created.
Economy Minister in the caretaker cabinet Kiril Petkov declared that the supervisory board of the Bulgarian Development Bank refused to hand the credit records of the 8 companies which are the biggest BDB borrowers over to the auditing committee. A little after the press conference given by Minister Petkov the BDB issued a press release stating that the requested financial information has been handed over to the auditing committee. However, the BDB adds that it is making enquiries of the Bulgarian National Bank regarding the rights of access of the auditing committee to information which constitutes a trade and banking secret.
On Wednesday, the lowest temperatures will range between minus 8°C and minus 3°C, for Sofia around minus 7°C . During the day, snow showers in the northeastern regions will begin to stop, but in southeastern Bulgaria it will still snow in many places...
Career Foreign Service Officer Susan Falatko has arrived in Sofia on February 18 to assume the role of Chargé d’Affaires. Prior to this appointment, Ms. Falatko’s service includes assignments as Deputy Chief of Mission and Chargé d’Affaires at the..
Bulgaria's President Rumen Radev convened today a meeting of the National Security Advisory Council, dedicated to the risks and threats to national security arising from the spread of narcotic and intoxicating substances among the younger generation and..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
Bulgaria’s President Rumen Radev named Sofia Airport after the Apostle of Freedom Vasil Levski, the press secretariat of the head of state announced...
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