Bulgaria’s Development Bank will finance up to 70% of the capital increase of First Investment Bank, the Bulgarian cabinet decided. The acquisition of shares in FiBank is extremely important for Bulgaria on its path to the Eurozone, Premier Borissov explained. The capital shortfall in FiBank was seen during a stress test of the European Central Bank when Sofia applied to join the Eurozone waiting room (ERM 2). Later, Fibank will buy off its shares from the state and pay interest for the credit, Premier Borissov contends. The aim of the operation is to help Bulgaria join ERM 2 by July this year, Boyko Borissov said further.
The 122nd anniversary of the Ilinden-Preobrazhenie Uprising will be marked today in the historical area of Petrova Niva in Strandzha. The celebration is being held under the auspices of President Rumen Radev, who will also participate in the event, the..
On Saturday minimum temperatures will range from 14°C to 22°C , around 17°C in Sofia. The day will be largely sunny, with some cumulus cloud building over the western half of the country during the afternoon. Moderate winds from the east-north-east will..
Prices must be displayed in the same font size for both currencies, with designations that are clear to the consumer. There is no requirement which currency is written first. This was stated by the Minister of Economy and Industry Petar Dilov after a..
A consortium of Azerbaijan's state company SOCAR and Turkish private holding Cengiz is the preferred candidate for the business of..
An organised criminal group trafficking drugs from Spain and the Netherlands to Turkey has been dismantled by the State Agency for National Security..
On Saturday minimum temperatures will range from 14°C to 22°C , around 17°C in Sofia. The day will be largely sunny, with some cumulus cloud building..
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