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.
Bulgaria remains a net exporter of electricity and one of the pillars of the energy system in Southeast Europe. Electricity exports exceed imports by 3.1% in 2024. According to this indicator, the country ranks 11th in Europe. Among the..
At a ceremony at the Vytautas Magnus University in the Lithuanian city of Kaunas , the rector of Sofia University “St. Kliment Ohridski”, Prof. Georgi Valchev, accepted the rotating presidency of the international university alliance..
For the third consecutive year, Karin Dom – Varna is organizing the charitable initiative “Ivan Stanchov Awards” in memory of the Bulgarian diplomat and founder of the organization, Ambassador Ivan Stanchov. On October 23, awards will be presented..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister..
On Friday, morning temperatures will range from 10 to 15°C, with 10°C in Sofia. Rain is expected in the western regions in the early hours. During the day,..
Saturday will start off with lows between 6°C and 11°C, dropping to around 6°C in Sofia. Skies will brighten for a time over northern Bulgaria before..
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