After three years of investigation, the prosecutor’s office has filed an indictment to the Specialized Criminal Court over the siphoning off of Corporate Commercial Bank (CCB).
Eighteen persons stand accused for the bankruptcy of the bank, including CCB’s majority owner Tsvetan Vassilev, former Bulgarian National Bank deputy governor Tsvetan Gounev, auditors from the Central Bank as well as members of the managerial team. The indictment runs to the record 12,000 pages. Specialized prosecutor’s office head Ivan Geshev comments that the Corpbank case is unique to Bulgaria and is the biggest economic and social financial scam in the country.
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 Embassy of Bulgaria in Washington hosted a reception for the Board of Executive Directors of the oldest Jewish organization "B'nai B'rith" . This was announced by the diplomatic mission on Facebook . The organization’s CEO..
Applications for recognition of higher education obtained abroad have doubled. This was announced by Vanya Grashkina-Mincheva, executive director of the National Center for Information and Documentation before a meeting of the parliamentary education..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
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 ,..
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