Demonstrators in Sofia protested outside the presidency building, demanding a new election and burning a fake ballot box with Peevski’s name. President Rumen Radev called for an investigation into allegations of vote-buying and threats, emphasizing the importance of upholding democratic principles and ensuring transparency in government institutions. Radev warned against compromising the idea of people’s rule and stressed the need to combat corrupt practices in the electoral process.
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Interest rates live: Bank of England set to cut UK interest rates in boost for mortgage holders
The Bank of England is expected to lower the UK's base interest rate from 4.75% to 4.5%, the lowest level in over 18 months, in an effort to boost the economy and provide relief for mortgage holders. This move comes after inflation unexpectedly fell to 2.5% in December, signaling a need for further stimulus to encourage spending and economic growth. The rate cut is anticipated to impact borrowing costs, particularly for mortgage holders with tracker...
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