Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria quits Comecon banks

Lena Borislavova
Photo: BGNES

Bulgaria is terminating its membership of the International Investment Bank and the International Bank for Economic Cooperation over the Russian aggression in Ukraine, Lena Borislavova, head of the political cabinet of the prime minister announced at a briefing.

The two banks were established in Moscow and are better known as the banks of the former Council for Mutual Economic Assistance, or Comecon. Russia remains their biggest shareholder.

Lena Borislavova also announced that the government will help Ukraine with tents, sleeping bags, camp beds, stationary electricity generators, antibiotics and analgesics. The convoys transporting the humanitarian aid will be exempt from tolls. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Borislav Sarafov

Prosecutor General Borislav Sarafov pays working visit to US

Acting Prosecutor General Borislav Sarafov is paying a working visit to the US , at the invitation of the Federal Bureau of Investigation (FBI), as an expression of Sarafov’s commitment and long years of cooperation, ever since the time he was..

published on 12/10/24 9:13 AM

Austria drops veto on Bulgaria and Romania’s full Schengen membership

Austria has lifted its veto on Romania and Bulgaria’s full membership of the Schengen area, the Austrian Ministry of Interior has announced. “We can take the next step at the EU (Justice and Home Affairs) Council,” Interior Minister Gerhard..

published on 12/10/24 8:59 AM
President Rumen Radev

President Radev begins consultations on the formation of a government

On 10 December, in accordance with the Constitution, President Rumen Radev is beginning consultations with the parliamentary groups in the 51 st National Assembly of Bulgaria prior to handing an exploratory mandate for the formation of a new..

published on 12/10/24 8:00 AM