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.
Bulgaria’s coalition parties have agreed to introduce a rotating chairmanship of the National Assembly. At today’s joint governance council meeting, members also discussed next year’s draft budget. Kostadin Angelov, Deputy Chairman of..
Google has donated an additional $1 million to the Institute for Artificial Intelligence and Computer Technologies (INSAIT) at Sofia University , bringing its total investment in the institute to over $6 million. According to the institute’s website,..
The Bulgarian government and the German defence group Rheinmetall have signed an agreement in Sofia to build a gunpowder and 155 mm artillery shell factory at the state-owned Vazov Machine Building Works (VMZ) in Sopot. The deal was signed by..
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..
The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker..
Wednesday's minimum temperatures will be 1–6°C , with Sofia at 1°C. Some lowland areas may have reduced visibility in the morning. It will be mostly sunny..
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