Bulgaria’s Minister of Economy Bogdan Bogdanov dismissed the executive director and the board of directors of the State Consolidation Company, which manages the enterprises in the system of the ministry. The new management is temporary and their salaries will be reduced by half, the minister announced.
The State Consolidation Company manages a capital of over BGN 1 billion (more than EUR 500 million). Six out of eleven companies are inefficient. According to an analysis of the enterprises in the ministry's system, unjustified costs exceed EUR 347.68 million. Inefficient state-owned companies will be deprived of representation costs, and a limit of EUR 2556.46 per year will be introduced for the rest. A comprehensive analysis of all companies is pending. Business programmes for the period 2024-2026 will be also prepared. State Consolidation Company is a sole joint stock company with one hundred percent state ownership of its capital.
A proposal for holding a referendum on preserving the Bulgarian lev has been submitted to the parliament's registry office. This was announced by the chairman of Vazrazhdane, Kostadin Kostadinov. We have collected 52 signatures, he pointed out...
The Ruse-Veliko Tarnovo highway is an extremely important project of national importance, which has significance beyond the borders of Bulgaria as a vertical corridor from Greece to Romania, Prime Minister Rosen Zhelyazkov said at..
Everything is being done to stop Bulgaria from joining the eurozone, just like 4 years ago, GERB leader Boyko Borissov said in parliament. He announced that he would not help the prime minister and ensure a majority in the National..
Bulgaria has improved its rating in the World Happiness Report , but remains 85 th out of 147 countries, which is the lowest position for an EU..
On Saturday, the minimum temperatures in Bulgaria will be from minus 2 to 3°C. In Sofia it will be around 0°C. During the day it will be sunny with..
Nearly half of Bulgarians prefer the cabinet to continue governing over the alternative of new elections. However, the majority does not believe..
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