The Supreme Court in Belgrade has confirmed that all legal prerequisites for the ex-owner of Corporate Commercial Bank Tsvetan Vassilev to be handed over to the judicial authorities in Bulgaria, in line with the extradition request of Bulgaria’s Prosecution, have been met. The decision may be appealed to the Court of Appeal in Belgrade.
The extradition procedure against Vassilev has been continuing for six years now. He was charged with misappropriation of funds on a massive scale and for causing the bankruptcy of the fourth biggest bank in Bulgaria. The Bulgarian institutions demanded his extradition in September 2014. The Supreme Court in Belgrade approved the extradition request twice, but the Court of Appeal in Belgrade ruled to overturn a lower court’s decision to extradite Tsvetan Vassilev.
President Rumen Radev has vetoed the legislative amendments related to the appointment of a special commercial administrator in the Lukoil refinery in Burgas. The head of state said that the amendments undermine the legal order in..
"As of today, there will be no acting mayor of Varna and the position will be held by the legally elected mayor Blagomir Kotsev," said deputy Pavel Popov at a press conference. According to him, Kotsev will fulfill his duties and the..
The National Assembly has established a National Decarbonization Fund after adopting amendments to the Energy Efficiency Act. The new structure will support households for energy efficiency measures. It is being established after..
On Wednesday, minimum temperatures will range from 4 to 9°C across the country, reaching around 2°C in Sofia. The wind will ease and fog will settle in..
The amount of the average social security income for the country for September 2025 is 962.25 EUR and the amount of the average monthly social security..
Bulgaria’s Energy Minister, Zhecho Stankov, has reassured citizens and businesses that the country’s fuel supplies are sufficient to last for an extended..
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