The “Bad Apples” Banks

“Bulgaria is experiencing excessive macroeconomic imbalances, which require decisive policy action and specific monitoring. In particular, the financial sector turbulence in 2014 has raised concerns about the existence of banking …

Mila Georgieva, the female boss of a gang dealing with murder, arson and illegal drugs trafficking, has paid to one of the owners of FIB, Ivaylo Mutafchiev, 359,873 levs for …

In a series of documentary investigations (see here, here, here and here) Bivol revealed how more than 1.2 billion levs in loans have been granted by private lender First Investment …

The telecommunications giant Orange (France Telecom) is interested in buying Bulgarian telecom BTC. This is what Bivol learned from the French consulting group that is represented in our country by …

Nelly Kordovska is Acting Head of the Banking Supervision Department of the central bank (Bulgarian National Bank, BNB) and Deputy Governor of the Deposits Guarantee Fund. According to Capital daily, …

The seizing of fuel distributor Petrol by the now-collapsed Corporate Commercial Bank (CCB) at the end of 2013 happened through a real criminal scheme in violation of several laws and …

According to the government’s and the central bank’s (Bulgarian National Bank, BNB) approved plan for First Investment Bank (FIB), 94 million levs in State aid can go into private pockets …

Imagine how after the attack on Charlie Hebdo, the French press stops mentioning Al Qaeda and Islamic State over fears. Sounds absurd, right? But such a thing is possible in …