Bulgaria's government

Bulgaria Braces for Mandate Vote Tomorrow as Gabriel Withdraws PM Candidacy

GERB is gearing up to vote on Mariya Gabriel's unsuccessful mandate following another round of failed negotiations with "We Continue the Change-Democratic Bulgaria" (WCC-DB). Deputy Chairperson Temenuzka Petkova of GERB submitted a draft resolution to parliament early this morning, seeking to terminate Gabriel's mandate to form a government.

GERB Holds Firm on Mariya Gabriel as Prime Minister, Extends Deadline for WCC-DB Decision

In a continuing standoff over the formation of Bulgaria's government, GERB leader Boyko Borissov reiterated the party's stance on proposing Mariya Gabriel as prime minister, refusing to yield ground despite opposition. Borissov's comments came amidst ongoing negotiations with the "We Continue the Change-Democratic Bulgaria" (WCC-DB) coalition.

Borissov Raises Doubts Over Rotation Plan for March

In a notable shift from previous expectations, GERB leader Boyko Borissov cast doubt on the feasibility of the planned rotation in Bulgaria's government, suggesting that March 6th might not mark the anticipated transition. Speaking at the Bulgarian parliament, Borissov cautioned against premature assumptions regarding the rotation's timeline.

EU Directive: Bulgaria Embraces Universal USB-C Chargers for Devices

Bulgaria's government has ushered in a significant change by adopting amendments to regulations, enforcing the EU's long-awaited directive for a standardized charger across various electronic devices. The mandate spans mobile phones, tablets, laptops, cameras, and more, aiming to streamline charging via USB-C ports.

EU Commission Projects Bulgaria's Economic Slowdown in 2024

The European Commission's latest autumn economic forecast reveals Bulgaria's anticipated economic slowdown in 2023 and 2024, followed by a predicted rebound in 2025. Projections indicate a decrease in imports and exports alongside steady household consumption levels, set to rise gradually in the coming months of 2024.

Bulgaria: Business Will Have Breath of Air in Pandemic, New Aid Program Is Worth BGN 78 M

Bulgaria's government launches a new measure to support business in time of crisis. It is worth over BGN 78 million. From today until March 15, small companies with an annual turnover of over BGN 500,000 in 2019may apply for aid. The other requirement is that the business has a drop in turnover of at least 20% in 2020 compared to the previous year.

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