Deadly Russian Assault on Odesa Sparks Mourning, Allegations of War Crimes
Tragedy struck the Ukrainian port city of Odesa as Russia unleashed a devastating assault, claiming the lives of five people and leaving over 30 injured
The ECB will stop giving funds to Cypriot banks if a new bailout plan is not negotiated until Friday, March 22, according to Austria's Minister of Finance Maria Fekter.
Tuesday the Cypriot parliament rejected an earlier bailout plan, which included the imposition of a one-off tax of 6.75% on deposits below EUR 0.1 M and 9.9% for those above.
Banks in Cyprus, which many fear faces bankruptcy, have closed down operations for the week, but citizens can withdraw cash via ATMs.
Wednesday Germany renewed the EU pressure on Cyprus to accept a bailout, with FinMin Wolfgang Schaeuble threatening that Cypriot banks are likely to become insolvent should no emergency funds arrive.
In the meanwhile, Cypriot Minister of Finance Michalis Sarris is in Moscow for the renegotiation of a loan Cyprus received from Russia, but at this time no concrete results have been achieved.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
As the clock ticks down to midnight tonight, Bulgarians are reminded that April 30th marks the final day for filing their 2023 personal income tax returns
Bulgaria's National Bank has disclosed the country's external debt figures, revealing a notable increase in gross foreign debt at the end of February 2024
Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
The National Statistical Institute reports that in 2023, the poverty line for the entire country stood at 637.92 BGN per person per month within households
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022