An open court hearing is scheduled for December 13 over the bankruptcy case of Corporate Commercial Bank. The indictment filed by the Specialized Prosecutor's Office on July 20th is over 5,000 pages. More than 400 witnesses have been questioned and the volume of evidence gathered is huge.
The main shareholder of the bank Tsvetan Vassilev and 17 other bankers and financiers are accused of draining over 1.25 billion euro. Vassilev has been hiding from the Bulgarian authorities and is wanted by Interpol as a procedure for his extradition is currently underway. The court could still decide that the trial continues in his absence.
Head of the Specialized Prosecutor's Office Ivan Geshev commented that it could be said that the CCB case is the biggest financial fraud and corruption scheme in the new Bulgarian history.
The expected decline in Bulgarian exports to the US due to the new tariffs is about 32.8%. This is 1.5 percent of the country's total exports, says Deputy Minister of Economy and Industry Doncho Barbalov. The decline in Bulgarian GDP in 2025 due to the..
The largest arms manufacturer in Europe - Rheinmetall, will make 155 mm projectiles in Bulgaria. This is clear from the transcript of a government meeting. The investment in the state-owned armament factory VMZ-Sopot will be with a Bulgarian..
An impressive air show accompanies the festival of hits from the 90s SPICE Music. It is performed for the first time within the framework of this year's edition, on the occasion of the 20th anniversary of the establishment of the..
A Bulgarian military contingent has departed for a peacekeeping mission in Kosovo , BNR’s Shumen correspondent reports. A total of 97 service members (90..
Regional Library "Peyo K. Yavorov" in Burgas is hosting the forum "Burgas - an intersection of industrial heritage, ecological..
On Friday, the lowest temperatures will be between 16 and 23°C; in Sofia – around 16°. It will be sunny during the day. There will be..
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