The caretaker government proposes to ban acquisition of Bulgarian citizenship in exchange for investments. This is planned in the draft amendment to the Bulgarian Citizenship Act. The amendment would abolish Art. 12a and 14a for receiving a passport after investing 500,000 euros in government securities or in a licensed credit institution under a trust management agreement. The members of the investor's family also acquire Bulgarian citizenship by naturalization. Since the creation of the regulations in 2013, after the acquisition of citizenship money has been usually withdrawn by investors.
The European Commission denounced this scheme and threatened Bulgaria with sanctions. Changes to the law are expected to be approved by the new parliament.
The Black Sea is one of the fastest warming seas in the world . By the end of the century, wind speeds in the region are expected to increase, rainfall is expected to increase and air pressure is expected to rise. The regions of Varna, Dobrich and..
Bulgaria's Minister of Culture Nayden Todorov has signed two important international documents, thanks to which Bulgaria will cooperate with Australia, as well as with Romania, Croatia and Serbia in the field of studying, preserving and promoting..
Travellers at Sofia Airport's Terminal 2 can now enjoy a new lounge area that combines a modern relaxation area with a shared workspace. Announced on its Facebook page, the new space offers international travellers from the Schengen area access to..
There are no active wildfires on the territory of Bulgaria, said caretaker Prime Minister Dimitar Glavchev at the start of the government meeting...
Bulgarians drive more than their Balkan neighbours, averaging more than 21 000 km per year, according to a survey by CarVertical , reported by BGNES...
Bulgaria has offered to help Hungary cope with the difficulties arising from the ban on the transit of oil across Ukraine. This transpired from a post..
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