The Sofia Globe - daily news and features from Bulgaria, CEE and the world
A year after the Corporate Commercial Bank (CCB) asked to be put under the central bank’s administration on June 20 2014, Bulgaria has made very little headway towards a satisfactory […]
The first reactions from Bulgarian politicians on Russian president Vladimir Putin’s surprising announcement that Moscow would shelve the South Stream pipeline were predictably uneven, given the existing divide in Bulgaria […]
Russian president Vladimir Putin said on December 1 that state-owned gas monopoly Gazprom would shelve plans to build the South Stream gas pipeline under the Black Sea, meant to bypass […]
Moldovan voters will head to polling stations on November 23 to elect a new parliament, a vote that is seen as a key test of the country’s course for closer […]
Romania’s constitutional court validated on November 21 the outcome of the presidential elections in the country, officially naming Sibiu mayor Klaus Iohannis president-elect. The final results published by the country’s [&helli ...
Bulgaria’s new Government held its first meeting on November 11 to discuss and approve an updated Budget revision bill, which envisioned a lower deficit than the earlier amendments put forth […]
Bulgarian National Bank (BNB) said on November 6 that it stripped the Corporate Commercial Bank (CCB) of its licence and would start the proceedings to declare the lender insolvent for […]
The audits carried out at the Corporate Commercial Bank (CCB) found that the bank’s books are full of impaired assets, requiring a write-down of 4.22 billion leva (about 2.16 billion […]
Amid the continued uncertainty surrounding the fate of Corporate Commercial Bank (CCB), Bulgaria’s fourth-largest lender before it was put under central bank administration in June, one of the lesser subplots […]
Two months after the Bulgarian National Bank (BNB) made its bombastic announcement about the alleged embezzlement at the Corporate Commercial Bank (CCB), the debate about the future of Bulgaria’s fourth-largest […]
