Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

The Bulgarian version of the Magnitsky Act is in working form

An interdepartmental group has been set up, headed by the Ministry of Justice, to draft a law on measures to prevent and protect national security from encroachments threatening the country's economic and financial security. Members of the new body are experts from the Ministry of Finance, Foreign Affairs, the Bulgarian National Bank, the National Revenue Agency and academics. 

Although the texts are still in working versions, the project, which has gained popularity as the Bulgarian version of the Magnitsky Act, has drawn sharp criticism from coalition partners of We Continue the Change party and the opposition in parliament, who have described the texts as "fascist". 
In response, Deputy Prime Minister and Minister of Finance Assen Vassilev commented that the texts aim to protect state institutions and companies in an adequate way, and the Ministry of Justice is the only one that can comply with all national and international acts so as to find the most appropriate way to fill this gap in Bulgarian legislation. 
For its part, the Ministry of Justice commented that it could not support the draft of the so-called "Bulgarian" Magnitsky Act because it is in conflict with the Bulgarian Constitution and European legislation.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

President Rumen Radev and Foreign Minister Georg Georgiev are at the Munich Security Conference

Bulgaria will be represented by President Rumen Radev and Minister of Foreign Affairs Georg Georgiev at the Munich Security Conference.   The agenda of world leaders includes the war in Ukraine, US President Donald Trump's..

published on 2/14/25 9:01 AM

In Burgas Zoo animals and people can interact without barriers

The Burgas Zoo offers contact zones where visitors can interact with various animals, take pictures and feed them by hand. The zones are available year-round, the zoo reports on Facebook. They specify that the animals are social,..

published on 2/14/25 6:00 AM

After a brief warming temperatures drop

In the next 24 hours, over most of the country cloud cover will remain significant with temporary breaks. In the morning, visibility will be reduced in some places. On Friday , the wind will be weak, mainly from the east. In the..

published on 2/13/25 6:55 PM