275 million euros processed in FX transactions by iBanFirst Bulgaria in 2024 -europeantimes.news-

In the first half of 2024 the leading global provider of foreign exchange and international payments for businesses, iBanFirst,  processed 275 million euros in FX transactions for Bulgarian trading companies. In comparison to the same period last year this is an increase of 90% that was driven…

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The European Prosecutor’s Office has brought charges against a Bulgarian milk producer

The European Prosecutor’s Office announced that it has filed charges against a Bulgarian dairy farmer who received funds from the EU fraudulently, BTA reported.

The accused submitted forged documents in order to be able to build a milk processing workshop with European funds. He has…

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Resilient IT companies continue to hire in Bulgaria amidst global tech layoffs and hiring freezes

By Ina Koleva, myPOS Communications Executive

In the US, over 340,042 tech employees have been laid off since late 2022, with at least 56,042 layoffs in 2024 alone. While Bulgaria is also affected, resilient companies continue to hire local IT talent, positioning for future…

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The new government in Skopje rejected the deal with Bulgaria

Lawmakers in North Macedonia approved the new nationalist-dominated government of Prime Minister Hristijan Mickoski, whose party won parliamentary elections in May, riding on voter anger at the slow pace of European Union integration, reported Reuters.

After a third vote and a technical…

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After 76 years: Tsar Ferdinand’s coffin leaves for Bulgaria on Monday

The casket with the mortal remains of Tsar Ferdinand leaves for Bulgaria late on Monday. This was reported by the Catholic Church “St. Augustine” in the German city of Coburg, in whose crypt the body of the monarch was laid after his death in 1948, next to the sarcophagi of his mother and…

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Ukraine hopes to begin installation of Bulgaria’s nuclear reactors in June

Kiev is sticking to the price of $600 million despite Sofia’s desire to gain more from a possible deal.

Ukraine expects to start building four new nuclear reactors this summer or fall, Energy Minister German Galushchenko told Reuters at the end of January this year. The country is trying…

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INTERNATIONAL EXHIBITION OF VINE-GROWING AND WINE PRODUCING, WINE FESTIVAL

VINARIA took place in Plovdiv, Bulgaria from 20 to 24 February 2024.

The International Exhibition of Vine-growing and Wine producing VINARIA is the most prestigious platform for the wine industry in Southeast Europe. It showcases a rich selection of drinks: from authentic local products to…

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Bulgarian psychiatric hospitals, prisons, children’s boarding schools and refugee centres: misery and violated rights

The Ombudsman of the Republic of Bulgaria, Diana Kovacheva, published the Institution’s Eleventh Annual Report of the inspections in places of deprivation of liberty in 2023, carried out by the National Preventive Mechanism (NPM) – the NPM is a specialized directorate under the Ombudsman,…

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North Macedonia already exports nearly 4 times more wine than Bulgaria

Years ago, Bulgaria was one of the biggest producers of wine in the world, but now it has been losing its position for almost 2 decades. This is the main conclusion of the initial analysis of the Bulgarian Chamber of Commerce (BCC).

Since 1961, the country has been among the first 15…

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Nexo’s claim against Bulgaria turned out to be over 3 billion dollars

The claim of “NEXO” against Bulgaria, the Ministry of Finance and the Prosecutor’s Office turned out to be over 3 billion dollars. This is clear from the digital asset company’s announcement to the media at the end of January.

“The size of the arbitration claim is determined by the…

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The Bulgarian National Bank has completed the process of coordinating and approving the design of the Bulgarian Euro coins

The Bulgarian National Bank (BNB) has officially announced that it has completed the process of coordinating and approving the design of the Bulgarian euro coins. The final step in this process involved the approval of the EU Council, which was received earlier this month. All EU member states…

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The European Commission against Racism and Intolerance (ECRI) condemned the repression against the Bulgarians in North Macedonia

ECRI highlights the cases of a number of attacks against people who identify themselves as Bulgarians

The European Commission against Racism and Intolerance (ECRI) of the Council of Europe has published in September 2023 its annual report on N. Macedonia, and in the section on hate speech,…

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Abuse, lack of therapy and staff in Bulgarian psychiatry

Patients in Bulgarian psychiatric hospitals are provided with nothing even approaching modern psychosocial treatments

Continued abuse and tying of patients, lack of therapy, understaffing. This is what a delegation of the Committee for the Prevention of Torture and Inhuman or Degrading…

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Bulgaria is the owner of 66 royal real estates in Rila. Will King Simeon II give money back money to Bulgaria?

Bulgaria is the owner of 66 properties in Rila mountain, which are part of the case study with the so-called “royal” restitution. The Sofia District Court recognized Bulgaria as the owner of 66 real estates after more than ten years of legal battle, according to the website of the…

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Zakharova: Dangerous fools, illiterate officials in Sofia disgrace the Bulgarian people

It’s the reason why Lavrov’s plane did not fly over Bulgaria

The spokeswoman of the Russian MFA, Maria Zakharova, called the decision of the Bulgarian authorities to deny Russian Foreign Minister Sergey Lavrov’s plane from flying through the country’s airspace if she herself was on…

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A Russian delegation will go to Skopje

The Russian delegation will participate in a meeting of the Council of Foreign Ministers of the OSCE in Skopje, after Bulgaria, as promised to North Macedonia, opened the airspace for the Russian Federation, Russian Foreign Minister Sergey Lavrov said, quoted by TASS and BTA.

“Now it…

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Boats, engines and vests detained at Kapitan Andreevo border checkpoint in Bulgaria

Inflatable boats, motors and vests, which can be used to transport illegal migrants, were detained at the Kapitan Andreevo border checkpoint on the Bulgarian-Turkish border. This became clear today at the point where Interior Minister Kalin Stoyanov welcomed a British delegation led by State…

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