Heat the olive oil in a skillet over medium heat.
Cook the onions, peppers and garlic until tender-crisp
Add the tomatoes, sugar, thyme, paprika, and bay leaf. Turn up the heat until the mixture boils.
Turn the heat down to medium-low and let it simmer about 15 minutes until the tomatoes are soft.
Make 8 little holes in the pepper/onion/tomato mixture and drop an egg into each little hole. Cover the skillet with a lid and continue to simmer for about 5 to 8 more minutes, until the eggs are cooked.
Scoop out the eggs and vegetables into serving bowls and top with parsley.