Latest News from Bulgaria

Prosecutors to Probe Ex Agriculture Fund Execs over Delayed Projects

Bulgaria's Agriculture Minister is to alert the prosecuting authority about activities of the former chief executive of the State Fund Agriculture (SFA) and his deputy.

Grekov, as cited by investor.bg, made clear Monday that he would submit to the prosecutor's office a request and a report from a probe concerning projects reviewed by the former CEO and Deputy CEO of the SFA.

Bulgaria-Romania Gas Link Suffers Further Delay

A gas interconnector with Romania being built since 2012 will not be operational before September, sources close to the construction say.

The 25-kilometer-long connection between Bulgaria's city of Ruse and Romanian Gyurgevo was initially scheduled to be ready in end-2013 at the latest, but the deadline was extended over technical difficulties.

Bulgaria 'to Resettle' 2000 Refugees - Report

Authorities are planning to resettle two thousands of people who have been granted refugee or humanitarian status until the end of 2014, a Bulgarian daily writes.

Citing the 2014 draft strategy on refugee integration, the newspaper Sega argues the measure is due to be adopted at a cabinet session on Wednesday, July 23.

Bulgaria's PM: Budget Update Not Necessary So Far

The fiscal performance in the first half of 2014 does not require an update of the state budget, according to Bulgarian Prime Minister Plamen Oresharski.

Oresharski announced Monday on Facebook that the risks Bulgaria faced by end-2014 were manageable.

Bulgaria – Favourite Real Estate Market of Russian State Officials

Bulgaria is the favourite spot of Russian state officials for buying real estate, shows an investigation of the Russian business publication RBC. 

The RBK journalists have analysed the property declarations of almost 500 Russian MPs and state officials. They show that 176 of them have apartments in Bulgaria. Often they own just part of the property.

3 Police Officers Injured in Roma Clashes in Bulgaria's Stara Zagora

Three police officers have been injured in the clashes that broke out Monday in the Roma district in Bulgaria's city of Stara Zagora.

The conflict between the Gendarmerie and the locals arose due to the forceful demolition of 55 illegally built houses in the city's Lozenets district.

Bulgarians to Spend BGN 690 M on Summer Holidays in Greece, Turkey

Bulgarians will spend BGN 350 M on holidays in Greece in the period May 15 – September 15, 2014, according to an expert from the Institute of Analyses and Assessments in Tourism.

Rumen Draganov, as cited by econ.bg, suggested that some 660 000 Bulgarians would visit Greece in the 2014 summer season.

1 in 10 Convicted to Jail Criminals in Bulgaria Is Hiding

Roughly one in 10 convicted to jail criminals in Bulgaria is hiding from the law, reports Sega daily. 

According to the report of the Prosecutor's Office, published on its website, in 2013 871 criminals, sentenced to prison terms, have practically disappeared and are being sought, both in Bulgaria and abroad. 

Bulgaria's President Vows Timely Formation of Caretaker Govt

Bulgarian President Georgi Plevneliev has assured that the caretaker government will be formed in time and will reflect the urgent tasks which the country needs to address.

Plevneliev told journalists in Plovdiv on Monday that the caretaker government was not supposed to be a panel of randomly nominated candidates, stressing that it had to be based on solid principles and priorities.

Bulgarian Car Market Grew 15% from January 2014

Bulgaria's car market has marked a 15.2% growth since the beginning of 2014.

A total of 10 332 new cars were sold compared to 8971 cars during the same period last year, website BGNES reports.

The market has grown 5.6% in the sixth month of the year, with 2052 cars sold compared to 1944 in June 2013.

Bulgarian Wheat to Be Exported as Romanian

A significant part of this year's Bulgarian wheat is expected to be exported through Romania.

The reason is that Romania won a wheat supply auction in Egypt and Bulgaria couldn't participate in it.

Bulgarian PM: Always Better to Save a Systematically Important Bank

It is always better to save a systematically important bank than to close it down, Bulgaria's Prime Minister Plamen Oresharski commented on the events at KTB.

In an interview with Bulgarian daily Standart, Oresharski, who has been Minister of Finance in two previous governments, argued the funds needed to shut down the Corporate Commercial Bank (KTB) would exceed estimates so far.

Bulgarian Refugee Agency Chair: Refugee Numbers Again On the Rise

Refugee numbers are increasing again, according to Nikolay Chirpanliev, Chair of the Bulgarian State Agency for Refugees.

Chirpanliev announced in a Monday interview for the Bulgarian National Radio that some 500 people entered Bulgaria on a monthly basis.

He claimed that the EU was using double standards towards EU Member States with external borders.

Bulgaria for Citizens Movement Co-founder Daniel Valchev Resigns

Co-founder and deputy chair of Bulgaria for Citizens Movement party Daniel Valchev has resigned, Monday.

In a letter to the party's national council, Valchev explained that his decision was a professional, rather than a political one, Trud Daily reports.

Grigor Dimitrov Becomes Honorary Citizen of Varna

Bulgaria's most successful tennis player so far, Grigor Dimitrov, was awarded the title "Honorary citizen of Varna" Monday. 

The municipal council of the  coastal city approved the proposal of the tennis club "Black Sea" with 100% votes in favour.

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