On Friday Bulgaria’s President Rossen Plevneliev is to hand in the first exploratory mandate for establishment of a new cabinet within the current National Assembly to GERB party. According to previous announcements of GERB members, that party will probably return the exploratory mandate to Bulgaria’s head of state. In that case, President Plevneliev will hand in the mandate to the second-biggest political party-the Bulgarian Socialist Party. If BSP also refuses to accept the mandate, the exploratory mandate will be given to a third political party represented at the National Assembly. If that party also refuses to form a cabinet, the newly-elected President Rumen Radev will have to dissolve the country’s Parliament and appoint early Parliamentary elections when he assumes office at the end of January 2017.
The Bulgarian National Bank reports a sharp increase in new household deposits . The growth in euro deposits is impressive. In just one month, amounts worth 334 million leva (over 161 million euros) were placed in deposit accounts. This is 57% more than..
The President of the National Assembly, Natalia Kiselova, is convening an extraordinary parliamentary sitting today with a single item on the agenda – a vote on amendments to the Medical Establishments Act, the Bulgarian News Agency (BTA) reported...
The international conference Regional Defence Summit 2025 takes place today in Sofia. It brings together defence ministers, representatives of the European Union and NATO, industry leaders, investors and innovators with the next..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
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