The Romanian Financial Supervisory Authority (ASF) decided to revoke the operating license of Euroins Romania, part of Bulgaria’s Euroins Insurance Group and file a court request for the launch of bankruptcy proceedings. The company was a leading insurer in the third party liability segment in Romania. At an emergency press conference, the Chairman of the Board of Euroins Insurance Group Assen Hristov said that this was an organised attack on the company and that the company would appeal against the decision.
Euroins Insurance Group is part of Eurohold Bulgaria, which acquired the assets of CEZ Bulgaria and now the electric company operates under the name "Electrohold".
The decision to scrap Schengen border checks by land for Bulgaria and Romania has been included as the first item on the agenda of the EU Justice and Home Affairs Council meeting on Thursday, 12 December. Bulgaria joins Schengen area by air..
Democratic Bulgaria has issued a position stating that an attempt must be made to form a government within the current parliament so as to avoid one more early election and a further deepening of the crisis of parliamentary democracy...
Pensioners whose monthly pension is below the poverty line of 526 leva (EUR 269) will receive a Christmas bonus of 100 leva (EUR 50), said caretaker Minister of Labor and Social Policy Ivaylo Ivanov. The money will be transferred by December 19...
I would like to congratulate the parliament on electing a speaker. Political consultations will begin on Tuesday. First and foremost is the submission and..
President Rumen Radev met with US President-elect Donald Trump during a working visit to France on December 7-9. "With US President-elect Donald Trump,..
Hundreds of customers in Greece have reported fraudulent deliveries of parcels they never ordered. Upon investigation, the authorities discovered that..
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