The caretaker government proposes to ban acquisition of Bulgarian citizenship in exchange for investments. This is planned in the draft amendment to the Bulgarian Citizenship Act. The amendment would abolish Art. 12a and 14a for receiving a passport after investing 500,000 euros in government securities or in a licensed credit institution under a trust management agreement. The members of the investor's family also acquire Bulgarian citizenship by naturalization. Since the creation of the regulations in 2013, after the acquisition of citizenship money has been usually withdrawn by investors.
The European Commission denounced this scheme and threatened Bulgaria with sanctions. Changes to the law are expected to be approved by the new parliament.
On 6 March, the fourth designated day of boycotting retail chain stores in Bulgaria, they registered a higher turnover, National Revenue Agency data show. Their turnover amounted to a little over 29 million Leva /EUR 14.83 million/. By way of..
The birth rate in the EU in 2023 fell by 5.4% compared to 2022. This is the largest annual decrease since 1961. Bulgaria had the highest total birth rate in the EU in 2023 with 1.81 live births per woman. This is according to data..
An American business delegation is visiting Bulgaria at the initiative of President Rumen Radev. Among the guests are representatives of leading companies operating in the defence, space and cyber industries and high technologies...
Citizens who cross at a pedestrian crossing while holding a mobile phone will be fined, according to proposed legislative changes. According to..
An official ceremony and a March of Tolerance named ''We Remember'' took place in Sofia to mark the 82nd anniversary of the rescue of Bulgarian..
It will be sunny on Monday. There will be light to moderate southerly and southwesterly wind and temperatures will continue to go up. The lowest..
Partly cloudy, chance of rain
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