The prosecutor’s office is bringing charges of malfeasance against outgoing Defence Minister Nikolay Nenchev over an agreement with Poland for repairs of Bulgaria’s MiG-29 fighter jets.
Minister Nehcnev stated that he was perplexed by this step by the prosecutor’s office which is accusing him of “harming” Russia’s interests. According to the prosecution, Nenchev has perpetrated a serious criminal offence by deliberately failing to enforce contracts with the Russian company RSK MiG for prolonging the lifespan and for repairs of the engines of MiG-29 fighters amounting to 3,773,000 euro.
Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil company Lukoil, Reuters and BNR Horizont reported. The general license allows companies and banks to..
The leader of "We Continue the Change", Asen Vassilev, described the selection of Rumen Spetsov as a special manager at Lukoil as a "bad joke". "Rumen Spetsov was appointed to collect taxes, not to manage a refinery. There is a..
The nominated person for special manager for the four companies of "Lukoil Bulgaria" is Rumen Spetsov, Minister of Economy, Petar Dilov, said. "He meets all legal requirements", Dilov added. The decision was discussed at the Security..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
+359 2 9336 661