Canadian businessman of Bulgarian descent Ignat Kaneff has passed away at the age of 93, his family has announced. His wealth is estimated at USD 1.2 billion. Kaneff was born on October 6, 1926 in the village of Gorno Ablanovo, Ruse district. He was one of 7 children in the family of Hristo Kanev and Mita Kaneva. Ignat Kaneff could not afford to complete school and left Bulgaria at the age of fourteen, moving to Austria. Later, he settled in Toronto where he started to work in the construction sector. Kaneff was among the largest businessmen in Canada’s construction sector. The Bulgarian-born philanthropist donated large sums mainly for educational and health purposes. In 2012, he donated USD 1.5 million for the construction of a modern conference complex at Angel Kanchev University of Ruse.
Bulgaria has fully implemented 7 out of 28 recommendations made by the Council of Europe's Group of States against Corruption (GRECO). 11 recommendations have been partially implemented and 10 have not been implemented. Today GRECO published..
The co-ruling BSP proposes a bill to introduce a ceiling on the markup for basic foods. The leader of Stand Up.BG, Maya Manolova, who yesterday announced her candidacy for ombudsman, told the Bulgarian National Radio that the..
GERB never falsifies things and it is clear what the hole in the budget is due to. Let's humble ourselves a little and not try to shift the responsibility to other people. This is how Minister of Finance Temenuzhka Petkova addressed..
“We shall submit a budget for stabilizing public finance,” Prime Minister Rosen Zhelyazkov said at a briefing at the Council of Ministers building. “I..
T he Federation of Consumers in Bulgaria, the movement “The system is killing us” and the Allied Pensioners Unions have called for a boycott of the high..
The Bulgarian Ministry of Foreign Affairs is urging the Bulgarian citizens on the Greek islands of the Cyclades, who have decided not to leave the..
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