Konstantin Simeonov

The Bulgarian banker Tzvetan Vassilev has again been declared an internationally wanted man. According to information from the National Radio, a European Arrest Warrant was issued for him last week, and since this week he has been submitted for search by Interpol. The reason is a new investigation against him, which the Sofia City Prosecutor's Office is working on.

The Energy Ministry and other government departments will prepare measures in support of businesses that have been put in a tight corner by the high electricity prices in recent months. This transpired after a meeting of Energy Minister Andrei Zhivkov with businesses representatives Friday.

The trial on the collapse of the Corporate Commercial Bank (CCB) in Bulgaria is expected to move forward and begin examination of evidence.

Corporate Commercial Bank (KTB) majority owner Tsvetan Vasilev's lawyer Konstantin Simeonov said Wednesday the murder of his client has been ordered from Bulgaria and is now in preparation.

Simeonov told private national channel NOVA TV that the people hired to carry out the order "are not from here".

A Serbian court has ordered Tsvetan Vasilev, majority owner of Bulgaria's troubled Corpbank (KTB), to report to police every day while awaiting a decision on his potential extradition.

According to Sofia-based 24 Chasa daily, the restriction measure was imposed after Vasilev was interrrogated at Serbia's Supreme Court in Belgrade late on Tuesday.

Fresh threats have been levelled against Tsvetan Vasilev, majority owner of Bulgaria's troubled Corporate Commercial Bank (KTB), his lawyer Konstantin Simeonov said on Wednesday.

Tsvetan Vasilev, majority shareholder of Bulgaria's troubled Corporate Commercial Bank (Corpbank or KTB) has sought contact with police in Serbia's capital Belgrade.

The Sofia City Court has turned down the request submitted by the lawyer of Corpbank majority shareholder Tsvetan Vasilev that his arrest warrant be revoked.

Magistrates have described lawyer Konstantin Simeonov's appeal as "unacceptable", explaining the document is about 72-hour detention, while "there is no detained person", the Bulgarian National Radio reports.

Bulgarian authorities will discuss the possibility of seeking the extradition of KTB majority owner Tsvetan Vasilev from Serbia, caretaker PM Georgi Bliznashki said on Wednesday.

His comment was prompted by a statement by Vasilev's lawyer that his client was in Serbia's capital Belgrade and was working on a recovery plan for  the troubled bank.

The majority owner of Bulgaria's troubled Corpbank Tsvetan Vasilev will submit a plan for its rescue to the central bank in the next two days, local media reported on Tuesday.