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.
On Thursday temperatures will range from 1 to 5°C, with a low of 2°C in Sofia. In the morning, visibility may be reduced. The day will be cloudy. There will be light rain first in the east and later in the day in the west. Highs will be between 5°C and..
Bulgarian journalist and Vice-President of the Association of European Journalists (AEJ) Irina Nedeva has been awarded the National Order of Merit, Chevalier, by decree of the President of the French Republic Emmanuel Macron . This was announced by..
Food Safety Agency (BFSA) has now sent samples from herds found to have peste des petits ruminants (PPR) to the reference laboratory in Montpellier, France, for confirmation as a measure to increase public confidence in the work of the institutions...
The 51st National Assembly tried for the tenth time to elect a speaker. The PP-DB once again proposed Atanas Atanasov for speaker of..
On the 25th day of its work swearing-in, and after 10 failed attempts the new 51st National Assembly finally has a Speaker. Assoc. Prof. Natalia Kiselova..
"Fish is abundant in Bulgarian Black Sea waters. Moreover, fish processing is at a very high European level." This is what Dr Yordan Gospodinov,..
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