Sergei Stanishev

Bulgaria's Ex-Spy Chief Faces New Embezzlement Charges

A second indictment will be filed on Monday against former Bulgarian intelligence head Kircho Kirov, the prosecution says.

Kirov, found guilty of large scale-embezzlement last year (becoming the first high-profile Bulgarian official sentenced to jail time), had his sentence overturned by a last-instance court.

Europe Braces for Tectonic Shifts - PES Leader

Europe cannot solve Bulgaria's domestic problems, former Prime Minister and current Party of European Socialists (PES) head Sergey Stanishev has said.

In an interview with daily 24 Chasa on the occasion of Bulgaria's membership anniversary, he has warned against using the mantra of "instructions from Brussels" for political ends.

Petar Kurumbashev to Become Bulgaria MEP after Iotova Takes Over Vice Presidency

Petar Kurumbashev is to enter the European Parliament after Iliana Iotova assumes the Bulgarian Vice President's office, daily 24 Chasa reports.

Kurumbashev's name was the fourth on the Bulgarian Socialist Part (BSP) ticket for the EP elections in May 2014, when the BSP mustered enough support to send four lawmakers.

Bulgaria, Russia Agree to Cut Belene Debt Bill

A debt settlement deal was signed by Bulgaria's state-owned National Electric Company, or NEC, and the Russian nuclear producer Atomstroyexport on Wednesday, the Bulgarian Energy Ministry announced.

An arbitration court in Geneva ordered the NEC to pay the Russian firm 601,617,133 euros for the production of two nuclear reactors for the cancelled Belene power plant.

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