Latest News from Bulgaria

Lidl Bulgaria to Build Its Largest Logistical Center near Kabile

Lidl Bulgaria EOOD plans to build its largest logistical center in the country near the southeastern village of Kabile on an area of 188 decares.

The construction works are expected to begin in early September, according to reports of gradat.bg.

A construction permit for the site has been issued and a procedure for the selection of a contractor is underway.

Eco Taxes Mark 5% Drop for New Cars, Increase by 3% for Old Ones

The Bulgarian Eco Ministry has projected an increase in eco-taxes for old vehicles, as they are more responsible for air pollution. This has been stated to be one of the measures to improve air quality in Bulgaria, as stated by Minister Ivelina Vasileva Tuesday, Presa Daily reported.

Three Ambassadors Oppose Energy Act Amendments in Letter to Bulgaria's PM

The ambassadors of Italy, Korea, and the US have opposed a set of Energy Act amendments in a letter to Bulgarian Prime Minister Boyko Borisov and Energy Minister Temenuzhka Petkova.

The legislative changes passed first reading in Parliament on Tuesday.

Energy Act Amendments Pass First Reading in Bulgaria's Parliament

Two bills introducing changes to Bulgaria's Energy Act passed first reading in Parliament on Tuesday.

The two bills had been submitted by center-right party Citizens for European Development of Bulgaria (GERB) and right-wing formation the Reformist Bloc.

Concession Procedures for Airports in Sofia, Plovdiv to Be Launched by end-2015

Bulgaria's Transport Minister Ivaylo Moskovski has informed that concession procedures for the airports in Sofia and Plovdiv are be opened by end-2015.

Moskovski, as cited by Sega daily, reminded Tuesday that an attempt to award a concession contract for the cargo terminal of Plovdiv Airport had been launched before but no candidates had applied for the procedure.

EU to Allocate Funding to Two Energy Infrastructure Projects in Bulgaria

EU member states approved on Tuesday the proposal of the European Commission (EC) to allocate EUR 150 M to twenty key trans-European energy infrastructure projects.

Among the projects selected for receiving financial assistance under the first Connecting Europe Facility (CEF) Energy 2015 call for proposals are two Bulgarian ones.

Bulgaria Receives BGN 60 M under Operational Program Environment 2014-2020

Bulgaria has received BGN 60 M in advance payment from the European Commission to launch operational program Environment 2014-2020, according to Environment Minister Ivelina Vasileva.

Vasileva made clear Tuesday that the investments under the operational program were of strategic importance for the country and that they would give a boost to businesses.

Dimitar Radev Elected Governor of Bulgarian National Bank

Dimitar Radev has been elected Governor of the Bulgarian National Bank (BNB).

Bulgaria's Parliament backed Radev out of a total of four candidates for the post.

Outgoing BNB Governor Ivan Iskrov was voted out of office by Parliament shortly before his successor was elected.

Bulgarian Parliament to Elect New C-Bank Governor

The Bulgarian Parliament will elect at an extraordinary plenary sitting on Tuesday the new governor of the Bulgarian National Bank (BNB).

The parliamentary Budget and Finance Committee held hearings of the four candidates on July 9.

Bulgaria's Protest Network Demands #Resignation

Bulgaria's protest network has lit up the Court of Justice with a sign saying #Resignation.

The action was organized to demand the resignation of Bulgaria's Chief Prosecutor Sotir Tsatsarov and in support of the judicial reform to be executed in the country.

Bulgarian MPs to Discuss Creation of Electricity System Security Fund

The first reading of Energy Act amendments envisaging the establishment of an Electricity System Security Fund is to take place on Tuesday.

The changes were proposed by Bulgaria's Energy Ministry in a bid to curb the deficit at the National Electric Company (NEK), according to reports of the Bulgarian National Radio.

Greeks Protest against New Bailout Plan

The news that Greece has agreed upon the demands of its major creditors has caused a wave of unrest in Athens and all across the country.

Hundreds of people gathered in front of the capital's Parliament on Monday evening in order to express their disappointment and disapproval. They waved the Greek flag, as well as posters saying ''no'' in Greek.

OSCE Urges Bulgarian Authorities to Halt Evictions of Roma

The Organization for Security and Co-operation in Europe (OSCE) has called on Bulgaria to immediately stop evictions of Roma and address the problem of anti-Roma rhetoric.

The media statement of the OSCE was issued several days after the European Court of Human Rights demanded the suspension of the demolition of two illegal buildings in the village of Garmen.

Bavarian Investors Increasingly Interested in Bulgaria - Minister Ilse Aigner

Bulgaria is attracting increased investor interest from Bavarian companies due to the political stability and the clear reform efforts by the government regarding the spheres of judiciary and public administration, according to Ilse Aigner, Bavarian State Minister for Economic Affairs, Media, Energy and Technology.

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