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.
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..
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..
The Sofia Regional Health Inspectorate has reported the country's second case of monkeypox this year, registered last week.The infected person is 37 years old, has been quarantined at home and is in good condition, with a mild course of the disease. The..
It is too early to predict how the events in Syria would affect the war in Ukraine. This is what EU Defense Commissioner Andrius..
Hundreds of miners protested outside the Council of Ministers while an extraordinary meeting of the National Council for Tripartite Cooperation was..
"I am addressing a question to the Prime Minister regarding information that on November 26 this year, a group of Bulgarian citizens was on trial in..
Mostly Cloudy
Partly Cloudy