AIB HAS sold its near-50% stake in a Bulgarian bank, which cost €216 million just three years ago, for a mere €100,000.

BULGARIA’S foreign minister, Rumiana Jeleva, withdraw her nomination to the European Commission after a week of criticism and pressure from members of the European Parliament.

SPECIALIST garda officers are to fly out to Bulgaria to examine bank accounts held by an Irish businessman arrested last week as part of the investigation into suspected IRA money laundering.

GOVERNMENT troubleshooter Phil Flynn and the moneylender who was arrested last week in possession of £2.3 million in suspected IRA cash, met with a senior official from the Bulgarian Department of Finance during a recent business trip to Sofia.