A meeting at the Council of Ministers today is looking into what kind of assistance can be rendered to the clients of Olympic insurance company which has gone bankrupt.
Because of this, 200,000 clients were left without civil liability insurance policies, estimated at 9,350,000 Leva /4,781,000 euro/. To begin with, the authorities stated all people concerned must take care of the problem individually, but the people affected staged a protest in front of parliament building, demanding the assistance of the Financial Supervision Commission, the Bulgarian Guarantee Fund and the prime minister.
In connection with the bankruptcy of Olympic insurance company, the prosecutor general has ordered an inspection to be carried out of the Financial Supervision Commission. The inspection will focus most of all on the way state insurance supervision was carried out, whether the legal requirements for the start of operation by the Olympic branch in Bulgaria have been observed, and how ongoing supervision of the company’s activities was exercised. The inspection is entrusted to the Supreme Prosecutor's Office of Cassation and the State Agency for National Security.
The 14 th traditional meeting of the Harcoi is taking place today in Katselovo village, Dve Mogili municipality near the city of Russe. The event, taking place under the patronage of Dve Mogili mayor Marieta Petrova, starts at 9.30 AM with a water..
Two of the big puppets from Puppets Occupy Street from Craiova in Romania will be seen in Sofia for the first time as part of the International 6Fest Street Arts Festival. They will appear to a Bulgarian audience from 7.30 until 8.30 PM in..
On Saturday minimum temperatures will range between 16° C. and 23° C., for Sofia 16 ° C. During the day there will be sun with a light, in the Southeastern parts to moderate wind from the East-Northeast. Daytime highs will climb some more,..
The total consumer confidence indicator, or, in other words, consumers’ assessment of their economic future in Bulgaria and the current economic..
On Saturday minimum temperatures will range between 16° C. and 23° C., for Sofia 16 ° C. During the day there will be sun with a light, in the..
Bulgaria has no confirmed delivery schedule for the remaining six F-16 Block 70 fighter jets it has ordered from the United States , Defence Minister..
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