The four-party ruling coalition held a council meeting. Toshko Yordanov, Deputy Chairman of "There is Such a People" party (ITN), announced after the meeting that his political party would not withdraw its nomination for governor of the Bulgarian National Bank.
Toshko Yordanov said he regarded the calls for the withdrawal of Lyubomir Karimansky’s nomination as “extortion”. "The problem regarding the payments to the road construction companies is being used in this dispute. Suggestions that “There is Such a People” could benefit from a possible corrupt scheme are being made", Toshko Yordanov further said. That is why, ITN will propose the establishment of a Parliamentary commission that will be able to authorize the payments to each ministry.
In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..
Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July 2-16, the Bulgarian news agency BTA reports. The last time such an operation was carried..
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
Partly cloudy, chance of rain
Mostly Cloudy
sunshine, cloud, rain and thunder