The Supreme Court in Belgrade has confirmed that all legal prerequisites for the ex-owner of Corporate Commercial Bank Tsvetan Vassilev to be handed over to the judicial authorities in Bulgaria, in line with the extradition request of Bulgaria’s Prosecution, have been met. The decision may be appealed to the Court of Appeal in Belgrade.
The extradition procedure against Vassilev has been continuing for six years now. He was charged with misappropriation of funds on a massive scale and for causing the bankruptcy of the fourth biggest bank in Bulgaria. The Bulgarian institutions demanded his extradition in September 2014. The Supreme Court in Belgrade approved the extradition request twice, but the Court of Appeal in Belgrade ruled to overturn a lower court’s decision to extradite Tsvetan Vassilev.
I have submitted an application to resign from the position of President of the National Assembly, Nataliya Kiselova announced after opening the plenary session on October 29. "Today I am resigning and in this way I am showing how..
Restaurant owners and hoteliers, whose establishments will welcome customers on New Year's Eve, warn that they are seriously worried about how payments and revenue reporting will be handled. Until midnight, they must accept payments..
The European Commission expects Bulgaria to provide a position and assessment of the possible consequences for the Lukoil refinery in Burgas as soon as possible after the imposition of US sanctions against the Russian company. This..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that..
Partly Cloudy
Clear