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".
More than 20 reports have so far been submitted to the police connected with a Ponzi scheme - BETL - after it stopped paying out dividends. Collective action cannot, as yet, be taken as the relevant services have to establish who is behind..
We Continue the Change/Democratic Bulgaria (PP/DB) will propose the setting up of a parliamentary commission of inquiry to conduct a large-scale investigation into Russian influence in the country, said PP/DB MP Ivaylo Mirchev in an interview with..
Minister of Culture Nayden Todorov awarded a Guardian of Heritage certificate to archaeologist Professor Lyudmil Vagalinski for his significant contribution to the discoveries made in the ancient city of Heraclea Sintica near Petrich...
Hundreds of customers in Greece have reported fraudulent deliveries of parcels they never ordered. Upon investigation, the authorities discovered that..
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..
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..
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