The European Commission has sent an inquiry to the Bulgarian authorities about the sanctions imposed on Bulgarian companies under the Global Magnitsky Act. "Such unilateral action in follow-up to third country sanctions is naturally a matter of concern for the European Commission," reads the position of Brussels, quoted by the website of Bivol.
The Governor of the Bulgarian National Bank (BNB) Dimitar Radev said in Parliament that non-compliance with the sanctions under the Global Magnitsky could have severe consequences for the banking system. He clarified that BNB and the commercial banks took preventive measures before the publication of the list. "On February 13, 2018, for example, the United States included a Latvian bank in this list for failing to comply with US sanctions against North Korea. Ten days later, the bank was declared bankrupt. This is an example of severe sanctions that are beyond the capacities of our banks”, added Dimitar Radev.
Saturday will be sunny and hot. Clouds will form in the afternoon, and there may be brief showers in isolated places in the Eastern part of the country. Minimum temperatures 18-23° C., for Sofia 18° C. Maximum temperatures 35-40° C., for Sofia 35°..
On this day in 1991 the Seventh Grand National Assembly adopted the new Constitution of Bulgaria and dissolved itself, BTA recalls. This was the first new constitution in the former socialist camp, which came into effect the very next day, July 13. On..
The Bulgarian MPs have adopted regulations for the organization and activities of the National Assembly, BTA reported. The majority rejected the proposals of "Vazrazhdane" and ITN to have the MPs tested for drugs. ITN's proposal provided for the..
The largest archaeological campaign ever conducted on Perperikon has begun, BTA reports. Prof. Nikolay Ovcharov, head of the research at..
After 17 MPs from the Movement for Rights and Freedoms, MRF, were expelled, among them the party’s other co-chair Dzevdet Chakarov, MRF MP Ahmed..
Greece’s Minister of Defence Nikos Dendias announced that Greece, Bulgaria and Romania are to establish a military mobility corridor in NATO’s Eastern..
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