Latest News from Bulgaria

Interior Ministry's Deficit to Reach BGN 170 M in 2014

The fiscal gap in Bulgaria's Ministry of Interior is currently projected to reach BGN 170 M by end-2014, its new head Veselin Vuchkov said.

On the day his ministry is celebrating its 135th anniversary, Vuchkov voiced his hope that he could rely on support from lawmakers to rein in the deficit.

Goran Paskaljevic wins award at Varna festival

BELGRADE - Celebrated Serbian film director and screenwriter Goran Paskaljevic is the winner of the award for humanity in cinematography at the 15th international film festival in Varna, Bulgaria.

Code Red Issued over Rains in Regions near Bulgaria-Greece Border

Rains and high waters of rivers expected in the south of Bulgaria and the north of Greece have prompted the Environment Ministry in Sofia to issue a warning for Saturday.

Weather forecasts predict heavy showers varying between 15-25 liters per square meter in the Rila-Rhodope region and 1-5 liters in Bulgaria's north.

GERB to Start Consultations with Society on Constitutional Changes

Conservative GERB, the main party in the Bulgaria's government, is due to being consultations involving non-governmental organizations and civil society representatives about amendments to the constitution, Parliament Speaker Tsetska Tsacheva said.

Forbes: Culprits for Events at KTB at Bulgaria's KTB Should Now Be Held Accountable

Bulgaria has now an opportunity to call to account those responsible for the developments at Corpbank, with "prosecutions and jail sentences where appropriate", an article on Forbes magazine's website reads.

Bulgaria's New DefMin to Start Revision at Ministry over 'Abuses'

Nikolay Nenchev, who took over as Bulgaria's Defense Minister on Friday, said he had observed many instances of wrongdoings at his institution.

On Sunday he voiced his concerns that, according to estimates he has been made familiar with, about BGN 2 B have been drained out "somewhere" within ten years.

Bulgarian Orthodox Christians Celebrate Michaelmas

The Bulgarian Orthodox Church honors on Thursday Michaelmas, the feast of St Michael the Archangel, or the feast of Michael and All Angels.

In the Christian Orthodox calendar Michaelmas falls on November 8.

The Bulgarian Police celebrate the day of Archangel Michael or Michaelmas as their professional holiday.

Who Are Bulgaria's New Ministers?

Bulgaria's Prime Minister Boyko Borisov and his cabinet involving participation or support from a total of four parties were approved and sworn in by the National Assembly on Friday.

Eleven of them are from Borisov's centre-right GERB party, six represent right-wing Reformist Bloc (RB) and one comes from left-wing ABV party.

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9 Countries Get Deadline Extension by Sept 2015 for Extra Payments to EU Budget

The nine EU countries which were supposed to make extra contributions to the EU budget by December 1, 2014, were granted a postponement by September 1, 2015 on Friday.

Friday's decision of the finance and economy ministers of the 28 EU Member States stipulated an opportunity for making the payments in installments.

Chinese Bank Expresses Interest in Plovdiv-based Economic Zone

The Euro-Chinese Economic Development Zone (ECEDZ), a Plovdiv-based project under development, was presented at the Bulgarian-Chinese business forum "Bulgaria: Expand Your Business" organized in Beijing by the InvestBulgaria agency with the support of the EU.

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Bulgaria's New Old PM Boyko Borisov: What Should Be Remembered

Boyko Borisov, who became Bulgaria's Prime Minister on Friday after Parliament gave him the "thumbs up", is certainly a sensation in Bulgaria's politics, being the only head of government who managed to get the office for a second time since democracy was reinstated in 1989.

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