Podcast in English
Bulgarian National Radio © 2022 All Rights Reserved

The Bulgarian version of the Magnitsky Act is in working form

An interdepartmental group has been set up, headed by the Ministry of Justice, to draft a law on measures to prevent and protect national security from encroachments threatening the country's economic and financial security. Members of the new body are experts from the Ministry of Finance, Foreign Affairs, the Bulgarian National Bank, the National Revenue Agency and academics. 

Although the texts are still in working versions, the project, which has gained popularity as the Bulgarian version of the Magnitsky Act, has drawn sharp criticism from coalition partners of We Continue the Change party and the opposition in parliament, who have described the texts as "fascist". 
In response, Deputy Prime Minister and Minister of Finance Assen Vassilev commented that the texts aim to protect state institutions and companies in an adequate way, and the Ministry of Justice is the only one that can comply with all national and international acts so as to find the most appropriate way to fill this gap in Bulgarian legislation. 
For its part, the Ministry of Justice commented that it could not support the draft of the so-called "Bulgarian" Magnitsky Act because it is in conflict with the Bulgarian Constitution and European legislation.

Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Alexander Nikolov

Parliament will hear PM and Energy Minister on gas supplies

The National Assembly will hear today outgoing Prime Minister Kiril Petkov and outgoing Energy Minister Alexander Nikolov on the supplies and prices of natural gas. The hearing is at the proposal of former Energy Minister Delyan Dobrev from GERB...

published on 7/7/22 5:50 AM

The wave of cooler weather will continue on Thursday

On Thursday, the maximum temperatures will range from 25 to 30°C . There will be short-term rainfall, thunderstorms and hail in Eastern Bulgaria. In the west it will be sunny with temporary clouds. The weather along the Black Sea coast will not be..

published on 7/6/22 7:45 PM
Assen Vassilev (left) and outgoing PM Kiril Petkov. On the background is BSP leader Kornelia Ninova.

We Continue the Change announces draft cabinet priorities

The parameters of the programme of the draft cabinet of Assen Vassilev from We Continue the Change have been made public. The governance programme contains more than 40 bills to be passed in the next 6 months .  "In fact most of them must be..

published on 7/6/22 7:37 PM