Bulgarian lev

The General Assembly of the Bulgarian Academy of Sciences should gather to decide how to continue the protests of scientists against the insufficient funding for next year, BNT announced. During the debates around the budget, black flags were placed on all the buildings of the academy.

Hoteliers expect more revenue and packet prices are about 11 percent more than last year. The reason for this is an increase in the quality of the product and the higher salaries in the branch, pointed Rumen Draganov from the Institute for Tourism Evaluation and Analysis in front of bTV.

A new park next to the Rack Canal in Plovdiv will be built in the coming years, reports mediapool. 

The standard of living of people in Bulgaria working in the IT industry is four times higher than the average for the country. It is expected to overtake the standard in advanced countries like England, Germany and the United States. This is what Stеlyana Luizova commented on an Internet platform uniting the software specialists.

From July 1, 2018, all pensions will be increased by 3.8%, Social Minister Biser Petkov announced to bTV. The percentage is set by the golden Swiss rule, which accounts for half of the rise in insurance income and inflation. This means that the average pension, which is now 350 leva, will grow by 13-14 leva, Petkov calculated, quoted by Dnevnik.

The Roger Waters concert announced last week in Bulgaria was confirmed yesterday. Organizers from Sofia Music Enterprise said that the second visit in Bulgaria of the famous musician will be on May 4 next year in Arena Armeec in Sofia.

A Serbian court on Wednesday declared the bankruptcy of the Serbian Glass Factory company, linked to the exiled Bulgarian tycoon Tsvetan Vassilev, who is wanted in Bulgaria for the collapse of his Corporate Commercial Bank, CCB, in 2014.

The Supreme Judicial Council is preparing a 3 to 7% increase in magistrate salaries and judicial administration. The decision will be taken by the SJC Plenum on September 14, announced the "Legal World".

Following weeks of tension over the future of the Dunarit arms factory, Bulgaria has moved to pay off the arms producer's debts and buy its assets, Economy Minister Emil Karanikolov said on Monday.

He noted that three members of the board of the company have been charged with embezzlement and money laundering and have resigned, putting the future of the firm at risk.

The large-scale Saint Sofia development, initially announced in 2014, has been granted the status of priority investment project and will benefit from a number of state-guaranteed incentives for a three-year-project, the state-controlled Invest Bulgaria Agency announced, quoted by The Balkan Insight.