In a televised interview, Bulgarian Deputy Prime Minister Valeri Simeonov said he favored dropping concessions for Bulgarian beaches with the argument that the state earns too little from them. According to Simeonov, the concept of beach concessions is totally wrong because it allows concessionaires to earn ten times more than the state – the owner of beaches. Also he explained once again that beaches are the target of dubious economic interests. Currently long-term concessions have been granted for some of Bulgaria’s most attractive beaches. In 2017 alone contracts were signed for six beaches for a term of 20 years and sources from the Ministry of Tourism have said that new concessions are in the pipeline.
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code , BNR “Horizont” reports. According to sources, the minimum wage will be €605 rather than €620 (BGN..
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that it would help the country maintain its strategic position in South East Europe. Accompanied by..
Bulgaria’s coalition parties have agreed to introduce a rotating chairmanship of the National Assembly. At today’s joint governance council meeting, members also discussed next year’s draft budget. Kostadin Angelov, Deputy Chairman of..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
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..
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