Bulgaria’s Ministry of Finance announced that an inspection conducted by Public Financial Inspection Agency found serious violations in the completion of Hemus motorway. A contract between the Road Infrastructure Agency and Avtomagistralli EAD for the completion of Lots 7, 8 and 9 of Hemus Motorway to the tune of EUR 690 million excluding VAT was subject to inspection.
The inspection found that the estimated prices were inflated by more than EUR 9 million. Prices for various materials and construction works on the above-mentioned lolts of the motorway were also inflated. The inspection also found that the Public Procurement Act had been circumvented during subcontracting of construction works by Avtomagistral EAD under 15 design contracts.
The balances in all bank accounts in Bulgarian levs will be automatically converted to euros from the date of the country's accession to the eurozone at the officially announced exchange rate (1.95583 BGN = 1 EUR). That will be done free of charge,..
The tenth anniversary edition of the folklore festival of Bulgarians abroad "On the Town Square of the Other Bulgaria" will be held on June 6, 7 and 8 in the French city of Lyon, returning to the place where all started back in 2015...
Writer Krastyo Ribarov celebrates his 102nd birthday today. According to the 2021 Guinness World Records, he is the oldest author-storyteller, who published his first book - a collection of humorous stories, at the age of 98, reports..
As expected, the European Commission's convergence report on Bulgaria, published today, confirms that the country is ready to adopt the euro on 1 January..
The vote in the European Parliament’s Foreign Affairs Committee on the annual report regarding North Macedonia's progress towards EU membership was..
''Today, the European Commission and the European Central Bank categorically stated that Bulgaria meets the criteria for eurozone membership. This..
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