Latest News from Bulgaria

The Early Elections To Be Held on October 5

The early elections for Parliament in Bulgaria will be held on October 5, reports 

This is what the leaders of the parliamentary represented parties GERB, Bulgarian Socialist Party and Movement for Rights and Freedoms (DPS), agreed upon at a meeting in Parliament on Friday.

Bulgarians Travel Abroad 18% More in May 2014

In May 2014, the number of the trips of Bulgarian residents abroad was 427.5 thousand or by 18.1% above the registered in May 2013, the National Statistical Institute informs.

Interior Ministry Probing Deliberate Informational Attack on Banks

There have been deliberate attempts to destabilize Bulgaria’s banking system and authorities are investigating the case, Interior Minister Tsvetlin Yovchev revealed.

“We are talking about an organized campaign, through the Internet and telephones, by sending SMS texts urging clients to pull out their savings. The goal is to create mass panic”, Yovchev said, quoted by

Bulgaria 'Vulnerable' to Terrorist Attacks - Experts

Bulgaria is vulnerable to potential terrorist attacks, experts argued Friday.

Albena Drobachka, who manages a project n prevention of natural and social disasters, said at an international conference more needs to done by Bulgarian authorities to promote civic education and appropriate behavior immediately after a terror act has been committed, quoted her as saying.

Bulgaria Sets Up New Refugee Strategy

The refugees who apply for aid from Bulgaria, will be settled across the country and will get free housing, language and professional training for a year, reports Sega daily. 

The municipalities who accept refugees will receive additional state financing. This is provided for in the draft Strategy for integration of persons who received international protection. 

Bulgarian National Bank Governor: Banking System Stable

Bulgarian central bank Governor Ivan Iskrov has issued an official statement on rumors and speculations questioning the stability of certain Bulgarian banks.

He has described information propagated online as malicious and has denied Bulgaria's banking system could be in jeopardy.

The оull text of his statement dating June 27, 2014 is below.

International Jazz Stars Gather in Sofia for “A to Jazz” Festival

The international jazz festival “A to Jazz” will bring to Sofia an array of world class musicians for yet another year.

“A to Jazz” festival was created in 2011, with the help of the America for Bulgaria Foundation and is part of the official cultural calendar of the Sofia Municipality.

Bulgarian Parliament Releases Sergey Stanishev as MP

Bulgaria’s Parliament voted in favor of terminating Socialist leader Sergey Stanishev’s MP term, which would allow him to enter the European Parliament.

SOFIX Index Lost 5.5% on Thursday

The index of the Bulgarian stock exchange SOFIX lost 5.5% on Thursday, compared to Wednesday, reports 

A drop was posted by the Central Cooperative Bank (CCB) – 6.35% and the First Investment Bank – 7.95%. The shares of Chimimport dropped significantly – 10.79%, Petrol – 12.28% and Eurohold – 7.03%. Bulgartabak Holding's shares dropped by 18.17%. 

Algeria Clinches Historic World Cup Round of 16

Algeria passed the group stage of the World Cup for the first time in its fourth attempt, after a 1:1 draw with Russia in the final group G match.