The decision of the UK to leave the European Union will have a serious impact on the financial resources in the energy system of Bulgaria. The Bulgarian energy sector relies heavily on donor programs of the EU, but Brexit now requires major revision of these funds as the UK used to import around 25 billion euros worth of energy annually, energy expert Professor Atanas Tasev said. Bulgaria will be able to receive its needed funding if it presented attractive projects with acceptable schemes for financing, professor Tasev added. He pointed out that it was imperative to focus on the renovation of energy infrastructure.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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