Ivan Georgiev

The Sofia City Court has granted permission for the issuance of a European Arrest Warrant for Bulgarian national Stoyan Mavrodiev, the former executive director of the Bulgarian Development Bank (BDB). The decision was made on November 25, following a request from the Sofia Prosecution Office, which had sought the warrant on November 11.

Stoyan Mavrodiev, the former head of the Bulgarian Development Bank (BDB), has been declared a national wanted person, according BNR sources within the prosecutor's office. Mavrodiev is one of three defendants involved in a case concerning an unsecured loan of 150 million leva that the bank issued in 2019 to a company linked to Rumen Gaitanski, also known as "The Wolf."

Rumen Gaitanski, known as "The Wolf," voluntarily surrendered this afternoon and has been detained for 72 hours, according to BNR. He faces investigation for alleged misappropriation of an unsecured loan amounting to 150 million leva, alongside former Bulgarian Development Bank (BDB) executive director Stoyan Mavrodiev and lawyer Ivan Georgiev.

Two accidents at sea occurred after holidaymakers attempted to rescue drowning tourists themselves. Lifeguards advise that if a person is seen in trouble, immediate signaling is crucial, as not everyone is prepared for the sea's hidden risks. From the beginning of the week, lifeguards on the beaches are required to be at full capacity.

This story originally appeared on Meta.mk News Agency, a project of Metamorphosis Foundation. An edited version is published below as part of a content-sharing agreement.

Bulgarian students won four medals - one silver and three bronze medals at the International Biology Olympiad in the Iranian capital, Tehran.