Goranov

As the May holidays mark the onset of sea tourism, Bulgarians and foreigners preparing for their annual getaways are facing a stark reality: trips this year will come with a heftier price tag, with expenses expected to surge by 10-15% compared to last year.

Because of insufficient evidence to support criminal charges, the Sofia City Prosecutor's Office has concluded the inquiry into an alleged extortion case involving Boyko Borissov, former finance minister Vladislav Goranov, and GERB media advisor Sevdelina Arnaudova. This investigation was initiated following claims by gambling tycoon Vasil Bozhkov, who stated he was subjected to blackmail.

More than 400 people sent off Alexei Petrov, who was publicly shot a week ago.

Tour operators expect a difficult and challenging winter season. There is a risk that the traditional winter tourists from Great Britain, the Scandinavian and Bulgaria's neighboring countries will give up their intentions to come to Bulgaria.

Bulgaria's 21-year-old Ivet Goranova has won the gold medal at the Olympic Karate in Tokyo. Thus, she won the first Olympic gold for Bulgaria since Beijing 2008 when Bulgarian rower Rumyana Neykova triumphed with the gold.   Ivet Goranova defeated Anzhelika Terliuga of Ukraine with 5:1 in the final of the women's 55-kilogram division.

The cabinet took an extremely curious secret decision at its last regular sitting, our enquiry shows. The Council of Ministers proposes to the National Assembly to award cash prizes payable within the term of three years to 65 persons for "special merits to the Bulgarian state and the nation". It's mainly about musicians, but also poets and composers.

Prime Minister Boyko Borissov inspected the third metro line in Sofia, which will be launched by the end of the summer.

He was accompanied by Sofia Mayor Yordanka Fandakova, Finance Minister Vladislav Goranov and Transport Minister Rosen Zhelyazkov, together with Metropolitan Executive Director Eng. Stoyan Bratoev

Bulgaria's Minister of Finance Vladislav Goranov called on businessman Vasil Bozhkov to pay his debt to the state to the tune of EUR 359 million in unpaid taxes. Minister Goranov said that Vasil Bozhkov, to whom 11 indictments have been raised, including trading in influence and unlawful possession of cultural values, is another Bulgarian who is fleeing from justice.

The latest budgetary changes adopted by the Bulgarian government are based on the worst case scenario for the development of the COVID-19 crisis, this country's Minister of Finance Vladislav Goranov said. We have developed three different scenarios, but we assume the most negative one, in order to guarantee the functioning of all public systems until the end of 2020.

The Bulgarian government on March 30 proposed a budget update because of the coronavirus crisis.

Due to the emergency measures and consequences for the Bulgarian economy, the cabinet proposes that the National Assembly vote on a budget deficit for this year of 2.9% of GDP, or BGN 3.5 billion, BNT reported.