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".
On Tuesday, the weather will be predominantly cloudy with rain, more significant precipitation is in the forecast for Eastern Bulgaria. The precipitation is expected to stop in most parts after midday. Minimum temperatures 1-6° C., for Sofia around..
Acting Bulgarian Prosecutor-General Borislav Sarafov has asked Parliament to lift the immunity of Kiril Petkov, an MP and co-leader of the People's Party (PP). The reason is the arrest of GERB leader Boyko Borissov in 2022, which was later declared illegal..
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..
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..
After rebels in Syria seized Damascus and declared President Bashar al-Assad's ouster earlter today, the Ministry of Foreign Affairs urges Bulgarian..
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