The European Commission has sent an inquiry to the Bulgarian authorities about the sanctions imposed on Bulgarian companies under the Global Magnitsky Act. "Such unilateral action in follow-up to third country sanctions is naturally a matter of concern for the European Commission," reads the position of Brussels, quoted by the website of Bivol.
The Governor of the Bulgarian National Bank (BNB) Dimitar Radev said in Parliament that non-compliance with the sanctions under the Global Magnitsky could have severe consequences for the banking system. He clarified that BNB and the commercial banks took preventive measures before the publication of the list. "On February 13, 2018, for example, the United States included a Latvian bank in this list for failing to comply with US sanctions against North Korea. Ten days later, the bank was declared bankrupt. This is an example of severe sanctions that are beyond the capacities of our banks”, added Dimitar Radev.
The former leader of the Bulgarian Socialist Party (BSP) and member of the 50th National Assembly, Korneliya Ninova, has described the situation in the country as a collapse of the state. According to Ninova, the inability to form a cabinet is a sign..
The Movement for Rights and Freedoms (DPS) will first circulate a letter to other parliamentary groups asking whether they are open to supporting a second mandate to form a government. After convening representatives of some of the party's regional..
The National Council of the "We Continue the Change" (PP) has approved a policy of consolidation and strengthening of the coalition with "Democratic Bulgaria". A party statement distributed to the media said that at today's meeting, the PP discussed the..
The new Bulgarian Patriarch, Daniil, has spoken out in favour of reconciliation within the Orthodox churches. "There is a broken communion between..
The Democrats for a Strong Bulgaria (DSB) party is proposing to its partners in the We Continue the Change-Democratic Bulgaria (PP-DB) coalition that..
Monday will be sunny and hot. In the east there will be light to moderate northeasterly winds. Maximum temperatures will be between 33° and 38°C , in..
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