KTB’s trustees in bankruptcy give up BTC completely

While lawmakers in the National Assembly, led by Movement for Rights and Freedoms MP Delyan Peevski, are urgently adopting extraordinary legislation intended to prevent the embezzlement of Corporate Commercial Bank’s (KTB’s) assets, the trustees in bankruptcy are demonstrating, without much ado, how one can act…

Municipal Bank’s privatization follows Bulgartabac’s model

The state, in the person of prime minister Boyko Borisov and economy minister Emil Karanikolov, may have declared the end of privatization but Bulgaria’s largest municipality is about to sell its most significant asset that is subject to privatization. That concerns the sale of Sofia…