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 vote in the European Parliament’s Foreign Affairs Committee on the annual report regarding North Macedonia's progress towards EU membership was deferred, BNR’s Brussels correspondent Angelina Piskova reports. The report was removed from the..
The Energy Minister, Zhecho Stankov, announced at the opening of the International Nuclear Conference in Varna that the contract for the construction of Units 7 and 8 of the Kozloduy Nuclear Power Plant will be signed by the end of 2026, BTA reported...
It is time to go out to the Bulgarian people and hear what they want to say – the Bulgarian people say "yes" to the lev and "no" to the euro; they say they want to be asked, the chairman of the parliamentary group of "Vazrazhdane"..
The legendary train “Orient Express”, will stop today at 12:45 p.m. at the Central Railway Station in Ruse, BTA reports. The..
'Legal changes have been drafted in response to the frequent road accidents involving trucks, ' said Grozdan Karadzhov, the Deputy Prime Minister and..
The fifth edition of the “Science for Business” forum, organized by the Bulgarian Academy of Sciences and the Bulgarian Small and Medium Enterprises..
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