Valea Foundation owned by the Czech entrepreneur Karel Komarek participated in the capital increase of First Investment Bank- Fibank. Valea Foundation acquires 7.9% of the Fibank’s shares. The Bulgarian Development Bank acquires almost 18% of the bank’s shares. The investors have already paid for their shares. The capital increase of Fibank is a condition for Bulgaria to apply for accession to the Eurozone’s waiting room (ERM II) and the Banking Union. This is our first portfolio investment in Bulgaria, which is a promising and fast-growing EU country, Paul Schmidt- member of the Board of Directors of Valea Foundation said.
Despite the ban by the Sofia Municipality, the Lukov March took place under heightened police presence. Participants in the far-right procession gathered on February 22 at Sveta Nedelya Square. They marched to the house of General Hristo Lukov, where..
The meeting of the Joint Multidisciplinary Commission of Experts on Historical and Educational Issues between Bulgaria and North Macedonia in Skopje ended without progress, BTA reported. On February 21 and 22, the Commission once again..
Police are searching for all those involved in the clashes in front of the European Commission building in Sofia on Saturday, February 22, Bulgaria’s Minister of Interior Daniel Mitov told public broadcaster BNT. ''Outrageous scenes in Sofia..
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka..
The Ministers of Agriculture of Bulgaria, Hungary, Romania and Slovakia have called on the European Commission to restore pre-war import quotas for..
Sofia has taken over the presidency of the most prestigious local government forum in the Balkans – B40. The capital’s mayor Vasil Terziev accepted the..
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