The Bulgarian National Bank welcomes the efforts of the EPIC Consortium, representing major shareholders of Corporate Commercial Bank, to support the recapitalization of the bank and is ready to participate in the discussions related to restructuring of CCB and the Victoria Commercial Bank. The Bulgarian National Bank says that currently the two banks continue to experience a huge shortage of cash, needed to pay their obligations to depositors, which total 6 227 million lev for CCB and 285 million lev for Victoria Commercial Bank.
Parliament's Legal Affairs Committee has approved in first reading draft amendments to the Judicial System Act that would end the current procedure for electing a new Prosecutor General. The Supreme Judicial Council (SJC) will not be able to elect..
On Wednesday, the weather in Western and Central Bulgaria will be mostly sunny. There will be significant cloud cover in the southeasternmost regions. The lowest temperatures will range from minus 1°C to 4°C, higher in Eastern Bulgaria, for Sofia..
Caretaker Minister of Finance Lyudmila Petkova defended the parameters of the 2025 draft budget before the members of the National Assembly Committee on Budget and Finance. Minister Petkova explained that the 2025 Budget reflects the policies of..
Cadets from Vietnam are training at the Georgi Benkovski Air Force Academy in Dolna Mitropolia. This year they will study Bulgarian,..
On January 6, the feast of Epiphany, the traditional water blessing of the battle flags and holy flags of the Bulgarian Army will be celebrated in all..
On January 6, Epiphany, Bulgarians celebrate 177 years since the birth of poet and revolutionary Hristo Botev. On this occasion, the..
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