The Sofia City Court has been informed of an official complaint by the Bromak company in the Supreme Administrative Court against the decision of the central bank to withdraw the license of Corporate Commercial Bank. Under the law, in these cases, the proceedings must be suspended until the end of the administrative dispute. Bromak is one of the main shareholders in the former bank and is owned by the owner of Corporate Commercial Bank Tsvetan Vasilev, who has been abroad for a few months. Meanwhile it was reported that offsetting of 400 million euro will be declared void as the aim is sale in order to collect more money for the fund for guaranteeing deposits. This is what the ruling coalition of GERB and the Reformist Bloc have ageed upon.
The project for the Ruse-Veliko Tarnovo motorway will undergo changes, but for now, it is not under threat, said Minister of Regional Development and Public Works Ivan Ivanov. He checked the progress of the construction of the bypass road around the..
The idea of the state acquiring the only oil refinery in Bulgaria – Lukoil Neftohim in Burgas – as proposed on 29 January by the Movement for Rights and Freedoms (DPS) – New Beginning, affiliated with Delyan Peevski and MECH party, split opinions in..
“We are happy to have the Institute for Computer Science, Artificial Intelligence and Technology INSAIT, a bright light on the world map of AI,” said Minister of Education and Science Krasimir Valchev during the presentation of the latest edition..
Taxi drivers gathered at Sofia Airport in protest, blocking access to Terminal 2 for a short time on Friday afternoon. They are unhappy with the new..
Bulgaria received the first F-16 Block 70 aircraft at the Lockheed Martin production facility in Greenville, USA. With this act the country’s strategic..
On Saturday, fog or low clouds will cover the plains and sheltered valleys. Minimum temperatures will be between 0 and 5°C, around 1°C in Sofia. Sunny..
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