Latest News from Bulgaria

Consumer Loan Act Changes Pass 1st Reading in Bulgaria's Parliament

A set of amendments to the Consumer Loan Act passed first reading in Bulgaria's Parliament.

The legal changes, put forth by Yordan Tsonev, MP from liberal party Movement for Rights and Freedoms (DPS) and Rumen Gechev, MP from the Bulgarian Socialist Party (BSP), were approved with 99 votes in favor, 4 votes against and 7 abstentions, according to reports of

Bulgaria's MPs Pass Audit Office Act Amendments

Bulgarian lawmakers passed at first reading amendments to National Audit Office act.

The draft was voted in favor by 180 MPs, 77 were against and one MP abstained. As expected, the opposition was against the proposed amendments.

New Bridge Boosts Bulgaria-Romania Trade

Romania has become Bulgaria's third largest trading partner after Germany and Italy, partly as a result of the New Europe Bridge, which opened last year, officials say.

Bulgarian, Romanian, Serbian Prime Ministers Meet in Bulgaria's Ruse

The Prime Ministers of Bulgaria, Romania and Serbia,Plamen Oresharski, Victor Ponta and Ivica Dacic will hold a trilateral meeting in Bulgaria's Danube city of Ruse on Friday.

A lunch has been scheduled after the meeting.

Bulgaria, Serbia improving military co-operation

Bulgaria, Serbia improving military co-operation

Joint training operations and preparation for multi-national exercises are the focal points of military co-operation between Bulgaria and Serbia.

Bulgaria soldiers are working with troops from Serbia on joint exercises and co-operation. [AFP]

Transit permits expected to help Turkey and Bulgaria

Transit permits expected to help Turkey and Bulgaria

A new liberalised transit permit regime between Bulgaria and Turkey should help businesses and develop the economy in both countries, officials and business owners say.

New liberalised traffic rules between Bulgaria and Turkey are expected to take effect in April. [Gabriel Petrescu/SETimes]

EU Funding to Boost Bulgaria's E-Governance

The European Union will grant Bulgaria EUR 127M for the establishment of e-governance in the next EU programming period 2014-2020.

The funds will be provided under the new Good Governance operational program, Standard daily reports.

New Europe Bridge Increased Bulgaria-Romania Turnover

The New Europe Bridge, previously known as the Danube Bridge 2, has increased commodity turnover between Bulgaria and Romania.

Bilateral trade between the two countries now exceeds EUR 3B. Romanian export to Bulgaria grew by 9%, and Bulgarian export increased by 6%, Romanian Embassy counselor Victor Dediu revealed Thursday, Bulgarian Standard News reports.

Bulgarian Socialists Query Minister’s Ukraine Visit

Foreign Minister Kristian Vigenin’s trip to Ukraine on Tuesday has sparked controversy among MPs, with MPs from the ruling Bulgarian Socialist Party and the ethnic Turkish Movement for Rights and Freedoms expressing shock.

The MPs said they did not understand whether it was Bulgaria’s position or his own stance on the Ukrainian crisis that the minister was representing.

Bulgarian Municipalities Demand 2-3% of Personal Income Tax

The National Association of Municipalities in the Republic of Bulgaria (NAMRB) has demanded that 2-3% of the personal income tax be redirected to local authorities.

Todor Popov, Chair of NAMRB, explained Thursday that the measure would bring an additional BGN 500 – 600 M into the budget of the local authorities.

USS Truxtun Sails In the Black Sea for Exercises with Bulgaria's Navy

The U.S. guided-missile destroyer Truxtun is bound for the Black Sea for military exercises with Bulgarian and Romanian naval forces. 

According to the US military publication Stars and Stripes, the ship departed from Greece early Thursday and its visit is unrelated to the current events in Ukraine. 

Former EU Funds Min To Lead GERB EU Elections List

Bulgaria's former EU Funds Minister Tomislav Donchev was appointed EU elections 2014 list leader of center-right opposition GERB party.

Former Bulgarian Prime Minister and GERB leader Boyko Borisov announced the news in front of Bulgarian journalists in Dublin.

Bulgaria PM to Back Ukraine's Territorial Integrity at EU Summit

Bulgarian Prime Minister Plamen Oresharski believes that the International Monetary Fund (IMF) should have a leading role in the solution of Ukraine's financial problems.

Oresharski told journalists in Brussels that the EUR 11 B financial package proposed by the EU was sufficient at this stage.