Free English Service
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Corpbank Owner's Wife Interviewed by Investigators
October 24 (BTA) - The wife of banker Tsvetan Vassilev, Antoaneta Vassileva, was interviewed at the Sofia Investigation Service for more than two hours on Friday. The couple are being investigated for money laundering. Vassilev is majority owner of the Corporate Commercial Ba...
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About EUR 1 Mln Collected in Tolls at Danube Bridge 2 in Both Directions in a Month
October 24 (BTA) - The tolls collected at the Danube Bridge 2 in both directions in a month range between 850,000 euro and 1.25 million euro, BTA learned from Engineer Hristo Monev, Deputy Chairman of the Supervisory Board of Danube Bridge 2 Vidin Calafat AD.
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Bulgarian Red Cross Gets Ready for Fresh Influx of Refugees
Southern Bulgaria, October 24 (BTA) - Bulgarian Red Cross (BRC) Chairman Hristo Grigorov said, speaking to reporters here, that the BRC expects a fresh influx of refugees in Bulgaria, but could not say how big it will be. "We are very concerned and the preparations are seriou...
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President: 'Today's European Council Is Historic and Strategic'
October 23 (BTA Correspondent Nikolay Jeliazkov) - "Today's European Council is historic and strategic because we will approve the new European Commission, which will take office in time, with a clear bid in terms of priorities, efficiency and usefulness for each of the EU co...
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Vice President Popova Meets with UNHCR Regional Representative for Central Europe
October 23 (BTA) - Meeting with the UNHCR Regional Representative for Central Europe, Montserrat Feixas Vihe, Vice President Margarita Popova said that the issues relating to refugees should be raised openly and clearly because this is a prerequisite for good interaction betw...
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Deputy PM Zaharieva: Hole in CorpBank Beats Expectations
October 23 (BTA) - Deputy Prime Minister Ekaterina Zaharieva told reporters on Thursday that the hole in the CorpBank was bigger than initially expected. An auditors' report about CorpBank publicized on Thursday showed that the bank's capital hole totalled 4,222 million lev...
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Patriotic Front Will Not Participate in New Cabinet, May Support Government Programme
October 23 (BTA) - The political council of the Patriotic Front (PF) coalition has decided that its political representatives will not participate in the new government, PF leader Valeri Simeonov said Thursday, after more than three hours of consultations between GERB and the...
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Campaign Teaches Pupils about Importance of Being Drug Free
October 23 (BTA) - One hundred pupils in Sofia schools joined this year's installment of the Red Ribbon campaign aimed to expose young people to the importance of being drug free. The campaign proceeded under the motto "Proud to Be Drug Free," the Customs Agency reported on T...
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Finance Ministry Lowers Economic Projections for 2015
October 23 (BTA) - The Finance Ministry predicts in its autumn macroeconomic forecast that Bulgaria's GDP growth will slow down to 1.2 per cent in 2015 compared with 2.6 per cent projected in the spring forecast.
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Dwelling Prices Drop by 0.1 Per Cent in Third Quarter of 2015 from Second Quarter
October 23 (BTA) - In the third quarter of 2014, the market prices of dwellings decreased by an average 0.1 per cent from the second quarter of 2014, the National Statistical Institute reported on Thursday.
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GERB Party to Count on ABV's Support for Important Government Decisions
October 23 (BTA) - The election-winning GERB party said on Thursday it is seeking support for a future centre-right government, but it will also count on the support of the left-wing ABV party for all important government decisions.
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Bulgarian National Bank Tells European Banking Authority that Compliance with EU Rules Will Be Improved
October 23 (BTA) - The Bulgarian National Bank (BNB) said that it has responded to an October 17 letter by the Chairman of the European Banking Authority (EBA) in connection with the ailing Corporate Commercial Bank (Corpbank). In its response, sent on October 21, BNB said th...
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Banker Hampartsoumyan: Payment of Guaranteed Deposits in Struggling CorpBank to Cost State At Least 1,500 Million Leva
October 23 (BTA) - The Corporate Commercial Bank (CorpBank, placed under special supervision in late June) is "technically not bankrupt" but the most likely scenario for it is withdrawal of the license and insolvency, Chairman of the Governing Board of the Association of Bank...
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European Liberals Frown on Possible Participation of Extreme Rightists in Bulgarian Government
October 23 (BTA) - The ALDE group in the European Parliament said in a statement on October 22 that it condemns the possibility of a future coalition government being formed in Bulgaria with the participation of extreme right-wing populist parties.
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Ludogorets Defeats 1-0 Basel in UEFA Champions League
October 22 (BTA) - Bulgarian champions Ludogorets beat 1-0 Basel in a match of the group stage of UEFA Champions League in Sofia on Wednesday.
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Court Finally Rules Unlawful Construction Project in Yailata Archaeological Reserve
October 22 (BTA) - The Supreme Administrative Court adjudged on Wednesday that a construction project in the Yailata Archaeological Reserve on the northern Bulgarian Black Sea coast is illegal.
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Auditors' Report Sets Corpbank's Capital Hole at Lv 4,222 Mln
October 22 (BTA) - Corpbank's assets totalled 6,896 million leva by June 30, 2014 and to 6,662 million leva by September 30, 2014, according to information published on the Internet site of the Bulgarian National Bank (BNB) on Wednesday.
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Council of Ministers Adopts National Strategy for Promotion of Literacy (2014-2020)
October 22 (BTA) - The Council of Ministers has adopted a National Strategy for the Promotion of Literacy (2014-2020), the Government Information Service said on Wednesday. The objective of the document is to make functional literacy a national priority and to guarantee coope...
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"Arab Companies Show Investment Interest in Bulgaria," Bulgarian-Arab Business Association Chairman Says
October 22 (BTA) - "A number of Arab companies show investment interest in Bulgaria. The visa problem is an obstacle to the flow of substantial investments into this country," said Bulgarian-Arab Business Association Chairman Ziad El Masri. He is taking part in the Second Int...
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Bourgas Court Sentences Briton for Rare Egg Thieving
October 22 (BTA) - The Bourgas Court has ruled a six-month conditional sentence and a three-year probation period for Briton Jan Ross for stealing eggs from the nests of protected species, the court said Wednesday. The decision was reached after an agreement with the district...
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