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.
An international event focusing on European policies for a sustainable planet and climate change is being held today at Sofia University "St. Kliment Ohridski". The event is organised by the National Centre for Polar Studies at Sofia University and the..
On Tuesday, lows will be between 1 and 6°C, 1°C in Sofia. During the day it will remain mostly cloudy, with showers mainly in the southeast. Over southwestern Bulgaria the clouds will break up and clear. Maximum temperatures will be 4° to 9°C, around..
The Bulgarian Academy of Sciences is to have a female president for the first time. Corresponding Member Evelina Slavcheva from the Institute of Electrochemistry and Energy Systems was elected today to lead the 155-year-old institution...
The government of the Netherlands is proposing the kingdom to agree to Bulgaria's accession to Schengen by land, BNR has learned. The..
By order of the Minister of Education and Science, Prof. Galin Tsokov, January 3, 2025, has been declared a non-school day for all schools in Bulgaria...
The coalition BSP-United Left, which placed fifth in the parliamentary elections held on October 27, is starting a series of negotiations to gather..
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