Latest News from Bulgaria

Thessaloniki family face charges for abduction, procurement

A family of three have been accused of keeping a 30-year-old woman in their Thessaloniki apartment against her will and forcing her to have sex with men for money.

The three accused are a 38-year-old man, his 35-year-old wife and their 19-year-old son.

The victim is aged 30.

All four are from Bulgaria.

Bulgaria Nominates Magurata Cave to UNESCO's World Heritage List

Bulgaria has nominated its Magurata Cave to be put on UNESCO's list of world cultural and natural heritage sites.

The cave is famous for its stalactites, stalagmites and stalactones as well as unique drawings on its walls dating back as far as the Stone Age and the Bronze Age.

Bulgarian Court Upholds Revoking of KTB's Banking Licence

Bulgaria's Supreme Administrative Court (SAC) on Tuesday upheld the central bank's decision to cancel the banking licence of collapsed Corporate Commercial Bank (Corpbank).

The decision can be appealed before a five judge-panel of the SAC within seven days.

Unemployment Rate in Bulgaria Registers Record Drop for December

The unemployment rate for the month of December has decreased for the first time in Bulgaria since 1991.

The unemployment rate in December 2014 was 10.7 %, which represents a drop of 0.1 % compared to November 2014, Darik radio reports.

Bulgaria Lost EU Funding of EUR 51.3 M for Rural Development in 2014

Bulgaria lost EU funding of EUR 51.3 M under the Rural Development Program in 2014, according to Agriculture Minister Desislava Taneva.

In an interview for Pressa daily, Taneva explained that the final amount of the loss of funding under that program had been twice smaller than the preliminary forecast.

Bulgaria's Tsvetana Pironkova Reaches Quarterfinals in Sydney

Bulgaria's No.1 female tennis player Tsvetana Pironkova won her match against Madison Keys (USA) in the second round of the women's singles competition at the Sydney Apia International tournament.

The score was 4:6, 4:1 when the American retired after suffering an injury to her right shoulder, electronic daily Dnevnik reports.

Bulgaria's Finance Ministry Successfully Placed 10,5-Year BGN-Denominated GS Issue

Bulgaria's Finance Ministry launched a new 10.5-year BGN-denominated government securities (GS) issue with maturityJuly 14, 2025.

At the auction held on January 12, GS to the amount of BGN 50 million were successfully placed, with the average weighted yield being 3,09%, according to a media statement of the Finance Ministry.

Bulgaria's Maritsa Iztok Mines Topped 2014 Production Target by 428 000 Tonnes

The Maritsa Iztok Mines (Mini Maritsa Iztok EAD), Bulgaria's largest coal mining company, produced over 27 500 000 tonnes of coal in 2014, up by 428 000 tonnes from the business plan for the year.

The company's profit for the reporting period is expected to reach around BGN 5 M, according to a media statement of the Maritsa Iztok Mines, as cited by the BGNES news agency.

UNESCO Director-General Irina Bokova Declared Honorary Citizen of Sofia

UNESCO Director-General Irina Bokova has been declared Honorary Citizen of Sofia.

Bokova was awarded honorary citizenship at a ceremony at the Sofia Municipality on Monday.

The event was attended by Sofia Mayor Yordanka Fandakova, Deputy Education Minister Boil Banov, and Elen Gerdzhikov, Chair of the Sofia Municipal Council.

Bulgarian Deputy PM Calls for Sanctions on Migrants Refusing Integration

Bulgaria should impose penalties on refugees on its territory refusing to send their children to school or take up the jobs offered to them, Deputy Prime Minister Meglena Kuneva said on Monday.

"If the refugees want to take advantage of all rights granted to them by Bulgarian law, then they must meet fulfil obligations as well," Kuneva has said, according to BTA news agency.

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