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.
The 32nd National Festival of Karakachans is taking place in the "Karandila" area near the city of Sliven on August 23. The event is organized by the Federation of Cultural and Educational Societies of the Karakachans in Bulgaria. The..
At night, in places in the central and eastern part of the country there will be short-term showers with thunderstorms. By morning the precipitation will stop. Cloudiness will decrease from the west. On Saturday it will be..
In the last days of the hottest month - from August 27 to 30, the performance "Samodiva" will be premiered in London. This is an innovative, immersive dance production inspired by Bulgarian folklore myths. It is the work of..
Currently, we cannot speak of a critical water shortage regarding drinking and domestic water supply, Minister of Environment and Water Manol Genov said..
During the night, the weather will be mostly clear with a light southerly wind. A cold atmospheric front will pass over the country on Friday...
As of August 18, a total of 260 868 people, 16 cities and 283 villages have been affected by disrupted water supply, Minister of Regional Development..
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