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.
At 11.00 a.m. today, President Rumen Radev will hand over a mandate to form a government to the candidate for prime minister, nominated by the second largest parliamentary group in the 50th National Assembly - that of "We Continue the Change-Democratic..
Clouds will temporarily break by midnight. Sunny weather will prevail across most of the country on Monday before midday. Around and after noon, clouds will develop again. There will be brief showers of rain accompanied by thunder in places, more..
I nterior Minister Kalin Stoyanov and Prime Minister Dimitar Glavchev today visited the heavily fire-affected village of Voden and expressed their gratitude to the Turkish firefighters who took part in fighting the wildfires in Yambol region . They,..
A total of 60 officers from the Bezmer and Kabile units are on the ground with equipment for firefighting, Bulgaria's Defence Minister Atanas Zapryanov..
A state of emergency remains in force in seven villages in the border municipality of Bolyarovo. The fight against the fire at the village of Voden..
A fire has started in Greece a kilometre and a half from the Bulgarian border and is slowly moving towards it. The fire is located in an extremely..
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