The prosecutor’s office, the anti-corruption commission and the police are conducting searches of property belonging to Rumen Gaitanski, a.k.a. the Wolf in Sofia. In Kardzhali, searches are underway of companies connected with the former mayor Hasan Azis. Investigators are also searching premises connected with the former director of the Bulgarian Development Bank (BDB) Stoyan Mavrodiev, the BNR reports.The investigation is of a EUR 74.3 million loan granted by the BDB, the prosecutor’s office told the Bulgarian news agency BTA. On 9 August, the anti-corruption commission announced there was reasonable suspicion of violations in the granting of the loan by the BDB which has caused significant damage to the state. The credit was granted to the company Roadway Construction which is connected with Rumen Gaitanski. Part of the credit was used to finance the acquisition of Varna thermal power plant by the honorary chairman of the Movement for Rights and Freedoms Ahmed Dogan.
One day after the operation by the European Public Prosecutor's Office, EPPO, investigating Bulgartransgaz and four other companies in the country, Energy Minister Vladimir Malinov and Bulgartransgaz CEO Kiril Ravnachki gave more information, on the..
Performers of classical Indian dances will immerse Burgas in the rhythm of Indian culture. The event will take place at 8:30 pm on August 14 on the open-air stage "Snail" in the Burgas Sea Garden , announced the Municipality of Burgas. The..
On Wednesday the weather in Bulgaria will be sunny and hot. There will be a temporary increase in cloudiness in the western parts in the afternoon, but only isolated spots in the mountains will see brief showers. Minimum temperatures will be between 19..
Council of Europe Commissioner for Human Rights Michael O'Flaherty said he was "deeply concerned” by the law passed by the Bulgarian..
The sale of 100% of the shares of Gallup International Balkan, a Zurich-based polling agency, has been finalised. The agency is a traditional partner of..
In the second quarter of 2024, the average gross monthly wage in Bulgaria increased by 4.5% compared to the first quarter of 2024 , reaching BGN 2,296..
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