Valea Foundation owned by the Czech entrepreneur Karel Komarek participated in the capital increase of First Investment Bank- Fibank. Valea Foundation acquires 7.9% of the Fibank’s shares. The Bulgarian Development Bank acquires almost 18% of the bank’s shares. The investors have already paid for their shares. The capital increase of Fibank is a condition for Bulgaria to apply for accession to the Eurozone’s waiting room (ERM II) and the Banking Union. This is our first portfolio investment in Bulgaria, which is a promising and fast-growing EU country, Paul Schmidt- member of the Board of Directors of Valea Foundation said.
Europe Day was marked by raising the EU flag in front of the presidential building in Sofia earlier today. The ceremony was attended by President Rumen Radev, Parliament Speaker Natalia Kiselova, Vice President Iliana Iotova, Bulgarian Patriarch..
The national interest is protected. There is no dominant or subordinate position in inter-neighborly relations. This is how Prime Minister Rosen Zhelyazkov responded to a parliamentary question from Vazrazhdane party about the..
Bulgaria had no reason to prohibit the plane of President of Serbia Aleksandar Vučić from flying over Bulgarian airspace en route to Moscow for the military parade on May 9. This was what Prime Minister Rosen Zhelyazkov said in..
In an address to the Bulgarian citizens, the Bulgarian head of state Rumen Radev has announced that he is submitting a proposal to the National Assembly..
Prime Minister Rosen Zhelyazkov has highlighted the stability of public finances as a key element on the country's path to Eurozone membership. Speaking..
The installation of anti-drone systems at airports in Bulgaria will begin in the coming months. During today's parliamentary control meeting in the..
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