Yes Bulgaria Movement called on President Rumen Radev to veto the amendments to the Bank Insolvency Act adopted by the Bulgarian National Assembly on February 9. The project was proposed as a measure against the secondary looting of the assets of the bankrupt Corporate Commercial Bank. It was tabled to Parliament by MPs Yordan Tsonev, Hamid Hamid and Delyan Peevski from the Movement for Rights and Freedoms. According to Yes Bulgaria, the act contradicts fundamental principles of the Bulgarian constitutional model as well as the European law. “The provisions of this law are formulated in such a way that they would lead to legal chaos”, Yes Bulgaria further points out in its position.
At the end of 2017, the assets of local and foreign investments funds in Bulgaria amounted to 3,573 million Leva /1,827 million euro/. This means a 25.3 percent increase year-on-year, reaching 3.6 percent of the GDP. The assets of local..
After talks in Sofia with her Saudi counterpart Adel al-Jubeir, Bulgaria’s Foreign Minister Ekaterina Zaharieva stated that Bulgaria attaches particular importance to relations with the Kingdom of Saudi Arabia and sees a significant potential in..
An earthquake measuring 4.8 on the Richter scale shook Plovdiv and Assenovgrad in Southern Bulgaria during the night. The tremor was felt by people living on the upper floors in Sofia as well. The National Institute of Geophysics, Geodesy and..