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 Since the creation of the regulations in 2013, after the acquisition of citizenship money has been usually withdrawn by investors.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.
President Rumen Radev spoke with Ombudsman Diana Kovacheva as part of the consultations on a caretaker prime minister. After the meeting with the head of state, Ms. Kovacheva told the media that she could not take up the post because she had been..
After a meeting with President Rumen Radev, Bulgarian National Bank (BNB) Deputy Governor Petar Chobanov said that the consultations with the head of state and the potential candidates for caretaker prime minister were at a stage where there was no..
The United States has congratulated seven Eastern European countries, including Bulgaria, on the 20th anniversary of their accession to NATO . A statement by Secretary of State Anthony Blinken said: "Twenty years ago, as you became Allies, we were..
The government has designated three Bulgarian carriers to operate international flights between Bulgaria and China. Compass Cargo Airlines will..
On Thursday, minimum temperatures in Bulgaria will be between 7 and 12°C, 8°C in Sofia. Around midday, there will be variable cloudiness with sunny..
"Assuming that there will be a constitutional crisis seems quite frivolous to me". This was what PP-DB candidate for Prime Minister Nikolai Denkov..
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