Latest News from Bulgaria
The Prodigy to Perform in Bulgaria's Burgas in August
British electronic music group The Prodigy will be the headliners at this year's edition of the Summer Chaos festival, which will take place at the Lazur stadium in the Bulgarian city of Burgas on August 13.
The concert is part of the group's tour in support of their latest album "The Day Is My Enemy" which was released last year.
IMF Forecasts Bulgarian Economy to Grow by 2.3 % in 2016, 2017
The International Monetary Fund (IMF) forecasts the Bulgarian economy to register a growth of 2.3 % both this and next year.
This is revealed by the latest World Economic Outlook of IMF released on Tuesday.
The prediction of IMF suggests that Bulgaria's economic growth will remain below the 3 % figure registered last year.
Bulgarian Cabinet Allocates BGN 119 M to Infrastructure Projects
At its regular meeting on Wednesday, the Bulgarian government approved additional expenses to the budget of the regional ministry for 2016 amounting to slightly over BGN 119 M.
The funds will be allocated for preventive maintenance of the road network mainly in northern Bulgaria, repair works and the completion of road infrastructure projects across the country.
Bulgaria Hikes Capital of Project Co for Abandoned Oil Pipeline
The Bulgarian government has issued new bonds boosting the capital of the project company managing the Burgas-Alexandroupoli oil pipeline, a ditched project between Bulgaria, Greece, and Russia.
Burgas-Alexandroupoli was renounced under a 2010 proposal by Bulgarian Prime Minister Boyko Borisov's first cabinet in 2010, with Parliament approving the freeze at the end of 2011..
Bulgarian Authorities Detain 39 Migrants Across Country
Bulgarian authorities detained a total of 39 migrants in two operations taking place in different parts of the country.
In the first instance, authorities detained nineteen people as they attempted to illegally cross the Bulgarian-Greek border near the village of Teplen in the municipality of Blagoevgrad over the weekend.
Panama Papers: Bulgaria Waiting for ICIJ Data
Bulgaria has found no evidence of wrongdoing by Bulgarians in the Panama Papers affair, Finance Minister Vladislav Goranov has said.
He has made clear that the National Revenue Agency (NRA) stands ready to look into any new name of a Bulgarian national that appears in media publications as involved in offshore dealings.