Valea Foundation owned by the Czech entrepreneur Karel Komarek participated in the capital increase of First Investment Bank- Fibank. Valea Foundation acquires 7.9% of the Fibank’s shares. The Bulgarian Development Bank acquires almost 18% of the bank’s shares. The investors have already paid for their shares. The capital increase of Fibank is a condition for Bulgaria to apply for accession to the Eurozone’s waiting room (ERM II) and the Banking Union. This is our first portfolio investment in Bulgaria, which is a promising and fast-growing EU country, Paul Schmidt- member of the Board of Directors of Valea Foundation said.
On Wednesday, the weather in Western and Central Bulgaria will be mostly sunny. There will be significant cloud cover in the southeasternmost regions. The lowest temperatures will range from minus 1°C to 4°C, higher in Eastern Bulgaria, for Sofia..
Caretaker Minister of Finance Lyudmila Petkova defended the parameters of the 2025 draft budget before the members of the National Assembly Committee on Budget and Finance. Minister Petkova explained that the 2025 Budget reflects the policies of..
The Bulgarian Embassy in Beijing said that there are currently no reports of Bulgarian citizens injured in the earthquake in Tibet, China, the Ministry of Foreign Affairs told BTA. At least 95 people have died following the powerful earthquake..
At the end of 2024, Bulgaria's macroeconomic indicators fully met the Maastricht criteria for Eurozone membership, BGNES informs...
The metapneumovirus is not new and does not lead to severe illnesses. There is already a decrease in morbidity in China and there are no deaths there,..
From 2 April 2025, the UK will introduce the issuance of an electronic transit and short-term residence permit for citizens of all EU countries ,..
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