The Sofia City Court has been informed of an official complaint by the Bromak company in the Supreme Administrative Court against the decision of the central bank to withdraw the license of Corporate Commercial Bank. Under the law, in these cases, the proceedings must be suspended until the end of the administrative dispute. Bromak is one of the main shareholders in the former bank and is owned by the owner of Corporate Commercial Bank Tsvetan Vasilev, who has been abroad for a few months. Meanwhile it was reported that offsetting of 400 million euro will be declared void as the aim is sale in order to collect more money for the fund for guaranteeing deposits. This is what the ruling coalition of GERB and the Reformist Bloc have ageed upon.
Bulgaria’s Executive Agency for Bulgarians Abroad (EABA) will hold an awards ceremony for the winners of three annual international competitions for children and young people from the Bulgarian diaspora. The recipients of the Stefan Getchev..
The Church of the Transfiguration of the Lord in Borovets - the only wooden church in Bulgaria, marked its holiday today. A liturgy was served by Bishop Gerasim of Melnik. The Speaker of the National Assembly, Natalia Kiselova, was among the official..
On Thursday, minimum temperatures will range from 14 to 22°C, reaching a low of 14°C in Sofia. It will be mostly sunny during the day , with temporary cloud cover and brief showers in the mountains. There will be light to moderate winds in the east of..
Amendments to Bulgaria’s Road Traffic Law, published in today's issue of the State Gazette, will come into force in one month. From 5 September,..
On Wednesday, minimum temperatures will range from 16 °C to 21 °C , with 16 °C in Sofia. It will be mostly sunny during the day, but rain and thunderstorms..
A 21-year-old foreign national has been detained in Yambol for transporting illegal migrants. According to police reports, the arrest took place on..
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