Bulgarian government

Bulgaria and Romania have agreed to build two new bridges over the Danube River.

Romania's government has approved the signing of a memorandum with Bulgaria on the construction of the two bridges, according to news agencies Adjepress and Mediafax, as cited by the Bulgarian Telegraph Agency.

Socialists confirmed they will not join a new Bulgarian government in any form, though they will take part in talks proposed by GERB if officially invited.

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The EU is likely to lessen sanctions imposed on Russia in response to the limiting of hostilities in Ukraine, former Bulgarian government official Simeon Djankov argued Thursday.

"If we reach a position of frozen conflict, then we can discuss how we and the Russians can work together," Russian news agency RIA quoted him as saying.

Yileds fell at Tuesday's auction of seven-year euro-denominated Bulgarian government bonds as the offer was heavily oversubscribed.

The Finance Ministry said on Wednesday it has reopened  the issued dated 30 April 2014, offering EUR 35 M worth of government bonds.

The average weighted annual ayield dropped to 2.20% from 2.26% at the previous reopening  on May 26. 

Bulgarian border police have forced Syrian asylum seekers back to Turkey and has beaten some of them over the past month, a new report released by Human Rights Watch claims.

Bulgaria must boost defense spending in response to Russia's invasion in Ukraine and the situation in the Middle East, caretaker Defense Minister Velizar Shalamanov told the Financial Times' beyondbrics blog.

Gazprom expects to get the approval of the new Bulgarian government for the construction of the local section of the South Stream gas pipeline.

Alexander Siromyatin, Deputy Head of Gazprom's Project Management department, explained that the South Stream gas pipeline project had not been frozen.

The World Bank appoints Antony Thomspon as new country manager for Bulgaria, said the bank in a statement. 

"The recent appointment of a new World Bank Country Manager for Bulgaria is further illustration of the institutional commitment to work for ending poverty and promote shared prosperity in the country", the statement reads.

The State General Reserve Fund (SGRF) of the Sultanate of Oman is working with the Bulgarian government to handle the situation at Corporate Commercial Bank (Corpbank or KTB).

SGRF President Darwish al-Balushi, also serving as the country's Finance Minister, made the announcement, stopping short of revealing any details, BGNES wire service reports.

The Energy Board, which has been recently set up by the Bulgarian government, is due to have a first meeting on Tuesday.

Established as a consultative body at the Council of Ministers, the board is due to analyze the state of Bulgaria's energy sector and to look into the reasons for the permanent instability within the system.