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 parliamentary group of the Movement for Rights and Freedoms (DPS) has excluded 17 MPs. Among them is the co-chairman Dzhevdet Chakarov. The decision was read in the plenary hall by the Deputy Speaker of the National Assembly,..
We discussed how to make NATO stronger, focusing on the collective, while at the same time strengthening the defense of each member country, caretaker Prime Minister Dimitar Glavchev said. He added that in the discussions in..
In an appeal to the DPS members, the honorary chairman of the DPS, Ahmed Dogan, demanded the resignation of the chairman of the parliamentary group, Delyan Peevski, and that of five other prominent names in the Movement for Rights and..
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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