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 Since the creation of the regulations in 2013, after the acquisition of citizenship money has been usually withdrawn by investors.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.
On May 22 and 22, the main festival program of the 6Fest Street Arts Festival will take place in Plovdiv. The jubilee tenth edition is part of the official program of Plovdiv - European Capital of Culture. On Saturday, May 21, residents..
From July 1 , Bulgaria will be receiving the agreed amounts of natural gas from Azerbaijan, or 1 billion cubic meters per year, the country’s Minister of Energy Alexander Nikolov announced today at a meeting of the National Assembly Committee..
Members of the Bulgarian Hotel and Restaurant Association will meet early next week in the Sunny Beach resort to discuss their future actions after the government's announced the return of 20% VAT on beer and wine. The tax was..
On May 22 and 22, the main festival program of the 6Fest Street Arts Festival will take place in Plovdiv. The jubilee tenth edition is part of..
Librarians are launching protests across the country calling for higher salaries. This was what the trade unions of the Regional..
The European Parliament has adopted two reports calling on the EU Council to start accession talks with North Macedonia and Albania..
Clear
Partly Cloudy