An open court hearing is scheduled for December 13 over the bankruptcy case of Corporate Commercial Bank. The indictment filed by the Specialized Prosecutor's Office on July 20th is over 5,000 pages. More than 400 witnesses have been questioned and the volume of evidence gathered is huge.
The main shareholder of the bank Tsvetan Vassilev and 17 other bankers and financiers are accused of draining over 1.25 billion euro. Vassilev has been hiding from the Bulgarian authorities and is wanted by Interpol as a procedure for his extradition is currently underway. The court could still decide that the trial continues in his absence.
Head of the Specialized Prosecutor's Office Ivan Geshev commented that it could be said that the CCB case is the biggest financial fraud and corruption scheme in the new Bulgarian history.
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..
The Bulgarian Embassy in Beijing said that there are currently no reports of Bulgarian citizens injured in the earthquake in Tibet, China, the Ministry of Foreign Affairs told BTA. At least 95 people have died following the powerful earthquake..
Negotiations for the formation of a regular government within the 51st National Assembly have not resumed at this stage. At the end of last week, GERB-SDS announced that they were terminating the negotiations with Democratic Bulgaria, BSP-United Left..
At the end of 2024, Bulgaria's macroeconomic indicators fully met the Maastricht criteria for Eurozone membership, BGNES informs...
The metapneumovirus is not new and does not lead to severe illnesses. There is already a decrease in morbidity in China and there are no deaths there,..
From 2 April 2025, the UK will introduce the issuance of an electronic transit and short-term residence permit for citizens of all EU countries ,..
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