The Bulgarian government has made a recommendation to the National Assembly that it should dismiss the Deputy Chairperson of the Financial Supervision Commission /FSC/ Ralitsa Agayn for the current situation with the defunct insurance company "Olympic".
This became clear after a meeting between Prime Minister Boyko Borissov, Finance Minister Vladislav Goranov and the FSC leadership. We find serious shortcomings in the work of the Head of the Insurance Supervision Department in the Commission, Minister of Finance Vladislav Goranov said. He announced that the Cypriot ambassador to Sofia was called to the MFA in order to bring clarity over the procedure for ceasing of “Olympic” operations.
This is important in order for Bulgarians to receive compensations from the Cyprus Fund, the Minister added.
The Bulgarian government and the German defence group Rheinmetall have signed an agreement in Sofia to build a gunpowder and 155 mm artillery shell factory at the state-owned Vazov Machine Building Works (VMZ) in Sopot. The deal was signed by..
The Embassy of Bulgaria in Washington hosted a reception for the Board of Executive Directors of the oldest Jewish organization "B'nai B'rith" . This was announced by the diplomatic mission on Facebook . The organization’s CEO..
Applications for recognition of higher education obtained abroad have doubled. This was announced by Vanya Grashkina-Mincheva, executive director of the National Center for Information and Documentation before a meeting of the parliamentary education..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that..
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