The Sofia Globe - daily news and features from Bulgaria, CEE and the world
The appeals court in Serbia’s capital city of Belgrade has ruled to overturn a lower court’s decision to extradite Tsvetan Vassilev, the former majority shareholder in Bulgaria’s Corporate Commercial Bank […]
Bulgaria’s prosecutor’s office said on February 22 that it has finished its investigation into the events that led to the collapse of the Corporate Commercial Bank (CCB) in 2014, indicting […]
All Bulgarian lenders met minimum regulatory requirements on capital adequacy ratios in the first sector-wide asset quality review concluded earlier this month, Bulgarian National Bank (BNB) governor Dimitar Radev has […]
The Avionams aircraft repair plant in the southern Bulgarian town of Graf Ignatievo, privatised in 2008, is back in state hands and in future all Bulgarian military aircraft will be […]
The investigation against former Corporate Commercial Bank (CCB) majority shareholder Tsvetan Vassilev found evidence of an organised crime group operating to defraud the lender, enough to press charges against the […]
A court in Serbian capital Belgrade has ruled to extradite Tsvetan Vassilev, former majority shareholder in insolvent Corporate Commercial Bank (CCB), the Bulgarian National Television (BNT) reported on June 9, […]
Companies directly or indirectly linked to Tsvetan Vassilev, majority shareholder in the Corporate Commercial Bank (CCB), received an estimated 2.5 billion leva, or about 1.3 billion euro, in loans from […]
Amendments to the bank insolvency law, passed by Bulgaria’s Parliament at second reading on April 14, require receivers to make public reports of the inquests into what caused the insolvency. […]
The supreme court in Belgrade has said that it will pronounce judgment on the application by Bulgaria for the extradition of Tsvetan Vassilev, former majority shareholder in insolvent Corporate Commercial […]
A Serbian court held on April 6 the latest hearing on the extradition request lodged by Bulgarian authorities against Tsvetan Vassilev, former majority shareholder in insolvent Corporate Commercial Bank (CCB). […]
