Corporate Commercial Bank Begins Payments to Creditors After 10-Year Bankruptcy
Trustees of Corporate Commercial Bank (CCB), currently in bankruptcy, announced the commencement of payments to creditors starting at 09:00 on November 5, 2024
Fifteen judges have insisted that Vladimira Yaneva, Chair of the Sofia City Court, and her deputies step down.
In a letter addressed to the Supreme Judicial Council (VSS) and cited by various national outlets, 15 of the 122 judges who work at the court have said doubts about the proper functioning of the system for random distribution of cases, a problem for with the magistrates believe both the VSS and the city court are to bear responsibility.
Tensions have been growing in the judiciary over the past few weeks after allegations that the insolvency case on Corporate Commercial Bank (KTB) had not been randomly distributed, contrary to rules.
Weeks later the French Ambassador to Bulgaria complained in a TV interview about corruption in the judiciary and informed that the theft of a Bulgarian branch of a French company specializing in the production and trade of wine and vodka was being plotted through a decision of a judge at the Sofia City Court, Rumyana Chenalova.
The VSS should also launch an inspection at the SCC to gather more information about the way it is managed, the judges claim.
SCC representatives have said they are ready to undergo an inspection.
Earlier this week Reformist Bloc co-leader Radan Kanev called on the VSS to step down due to irregularities within the system, including flaws in the random distribution of cases.
The council for its part has said it is ready to introduce a new distribution system by the end of the year.
"Everyone wants positions – in regulatory bodies and ministries," he emphasized.
Bulgaria’s toll system now has the technical capability to track average vehicle speeds, as announced by the National Toll Management following a meeting with Regional Development Minister Violeta Koritarova.
The income required to cover living expenses for a working individual and a three-member family with a child under 14 has remained almost unchanged compared to June, according to an analysis by the Confederation of Independent Trade Unions in Bulgaria (CI
The Council of Ministers has adopted a resolution to set the minimum wage at 1,077 leva, reflecting a 15.
Every 20 minutes, fire alerts are received from across Bulgaria.
I feel no moral guilt towards anyone. This was stated by Kiril Petkov, answering a question whether he would apologize to the Bulgarian people for violating the Constitution.
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