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
Outgoing PM Boyko Borisov has threatened to sue Tsvetan Vasilev for slander after Vasilev’s interview for BIT TV.
''The right-hand man of Boyko Borisov, the man who was doing everything during his first term in office, the one who was collecting the money - Alexander Staliyski, forced me to repurchase the donated shares of Dunarit Corp for BGN 43M,'' said the majority owner of Corporate Commercial Bank Tsvetan Vasilev inthe interview on Sunday.
In 2010,Tsvetanov transfered 50% of the property of the Russe plant to other companies, owned by people pointed out to him by Staliyski in return for promises that he would receive protection from the state.
In 2013,Tsvetanov had to buy back the donated shares for BGN 43M. Tsvetan Vasilev showed documents for the transfer of the shares and for their repurchase.
Brussels has unofficially warned Bulgaria’s Finance Minister Temenuzhka Petkova that the country’s euro adoption process could be suspended, according to BGNES, citing Nova TV.
"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.
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase