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.
The weather on Friday will be sunny . Cloudy skies are expected in the northwestern half of the country. Mostly in the mountains of western and central Bulgaria, it will rain. Minimum temperatures will be between 14 and 21°C, in Sofia - 15°C...
At the beginning of the political consultations for the appointment of a caretaker prime minister and cabinet, the head of state indicated that the election campaign has practically started. According to Rumen Radev, the 50th National..
The National Assembly has ratified a Memorandum of Understanding between the Ministry of Defense of the Republic of Bulgaria and the Ministry of National Defense of Romania for the establishment of a Regional Special Operations Component Command..
The caretaker government has allowed the Bulgarian military to train Ukrainian soldiers on the territory of NATO member states. The reasoning states that..
Without discussion and debates, the parliament adopted conclusively the Law on the Introduction of the Euro in Bulgaria. 167 MP from GERB-SDS, the..
Consumer confidence rose by 5.6 points in July, according to a survey by the National Institute of Statistics. According to consumers, the general..
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