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.
"I am addressing a question to the Prime Minister regarding information that on November 26 this year, a group of Bulgarian citizens was on trial in London on charges of spying for Russia," Atanas Atanasov, leader of the Democrats for a Strong Bulgaria..
Even before the election of the regular committees, the Parliament decided to set up an ad hoc committee to find out all the facts and circumstances of the drought problems in the country. The decision was taken unanimously with 203 votes in favour. The..
Hundreds of miners protested outside the Council of Ministers while an extraordinary meeting of the National Council for Tripartite Cooperation was held inside. The protest is against the planned 15% tax on underground resources from 2025, a tax..
On Tuesday, the weather will be predominantly cloudy with rain, more significant precipitation is in the forecast for Eastern Bulgaria. The..
The Sofia Regional Health Inspectorate has reported the country's second case of monkeypox this year, registered last week.The infected person is 37..
Acting Bulgarian Prosecutor-General Borislav Sarafov has asked Parliament to lift the immunity of Kiril Petkov, an MP and co-leader of the People's Party..
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