Renovated Village House - ID 2944

120 Foreign Banks Eye Bulgarian Market 24/05/2008
The number of foreign banks interested in the Bulgarian market has reached 120, informed the Dnevnik a.m. Since 2008 started, 28 new entries were made in the list. According to Bulgarian Central Bank the information doesn't mean that the banks will necessary start doing business in Bulgaria. The Dnevnik also reported that the list includes powerhouses like Credit Suisse, ABM AMRO, JP Morgan, Merrill Lynch and Goldman Sachs. The single passport rule allows EU-registered banks to operate in any of the community markets without the need to apply for a local banking licence. more

Sofia District Court Employee Arrested Over Illegal Property Acquisition 21/05/2008
An employee from Sofia District Court was arrested Tuesday over allegations of illegal property acquisition. Eyewitnesses told reporters Daniela Malinova was taken out the court building with handcuffs on her wrists. The investigation, which was first instituted against other suspects, showed Malinova's assistance was needed for completing the criminal aims. The investigation process continues. more