Weather In Bulgaria On April 30: Cloudy with Rain and Thunderstorms Expected
Over the next 24 hours, much of the country will experience significant cloudiness, accompanied by widespread rain in Central and Eastern Bulgaria
The Bulgarian businessman Spas Rusev has reportedly acquired the leading Bulgarian telecommunications company Vivacom after a bidding, which lasted for nearly sixteen hours.
According to media reports, he won the auction by offering EUR 330 M, Darik radio reports.
The other bidder was the Greek businessman Panos Germanos, who is owner of the Olympia Group.
The two bidders were placed in separate rooms in London.
Some reports have suggested that there was a third participant in the auction - Third Point hedge fund.
VTB Capital, the business arm of the Russian VTB Bank, declared Vivacom for sale after shareholders defaulted on EUR 150 M bridge loan.
The Bulgarian Deposit Insurance Fund is closely monitoring the auction as it will try to get back EUR 150 M in assets which are believed to be the funds of depositors at the insolvent Corporate Commercial Bank (KTB).
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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
In March, there was a significant uptick in Bulgarians traveling abroad, marking a 19.1% increase from the previous year, amounting to 679.1 thousand trips
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
The director of "SOF Connect," the airport's concessionaire, stated to BNR that Sofia Airport anticipates accommodating 7.4 million passengers this year
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