Podcast in English
Text size
Bulgarian National Radio © 2025 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.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Border Police Director Anton Zlatanov

The drone that flew over Sofia Airport is of a military type and is used for espionage and surveillance

The mysterious drone that made random maneuvers at Sofia Airport on February 7 and delayed six flights was hacked, manipulated, and was definitely not random. Large drones like the one used are military-type and are used for espionage and..

published on 2/12/25 9:32 AM

94% of workers in Bulgaria are dissatisfied with their salary: survey

94% of workers in Bulgaria are dissatisfied with their salary, shows a survey conducted by Podkrepa Confederation of Labor. 91% of the respondents in the representative survey said that they receive a net income of less than 2,500 BGN (1,250 EUR) and..

published on 2/12/25 8:31 AM
Технически университет

Sofia Technical University offers education in 4 languages

The Technical University of Sofia is probably the only institution in Bulgaria to offer bachelor's and master's programmes in three additional languages - English, German and French, reports 24 Chasa Daily. Global giants such as IBM, NIDEC, Shwarz and..

published on 2/12/25 7:25 AM