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.
The European Commission is insisting on the urgent implementation of strict measures to eradicate the outbreak of sheep plague in Velingrad. In a statement, the Directorate-General for Crisis Preparedness in Food, Animals and Plants of the..
At a meeting of the caretaker government, Prime Minister Dimitar Glavchev confirmed that the Dutch government has agreed with Bulgaria's full accession to Schengen. He said that according to the Bulgarian Academy of Sciences, the benefits of the..
The government of the Netherlands is proposing the kingdom to agree to Bulgaria's accession to Schengen by land, BNR has learned. The cabinet has submitted its proposal to the country's parliament, as required by national..
Ice Park, the biggest ice rink on the Balkan peninsula, is in Sofia. The new park stretches over 11,000 sq. m., with an ice surface totalling 4,000..
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..
The 51st National Assembly tried for the tenth time to elect a speaker. The PP-DB once again proposed Atanas Atanasov for speaker of..
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