The Latest

Merger of Revenue, Customs Agency Not on Agenda of Caretaker Govt

Bulgaria’s Finance Ministry has assured that it is not developing a framework or project for the merger of the National Revenue Agency (NRA) and the Customs Agency.

Business » Finance | 57 minutes ago

Construction of Sofia's 3rd Metro Line Could Be Delayed Over Appeals

The construction of the third metro line in Bulgaria's Sofia may be delayed over appeals lodged against a decision of the Environmental Impact Assessment (EIA), Sofia chief architect Petar Dikov said.

Society | 1 hour ago

Bulgaria's Central Bank Holds Meeting on KTB Recovery

Bulgarian National Bank (BNB) met on Friday representatives of Vienna-based fund EPIC, Oman's state fund and London-based Gemcorp, the central bank said in a statement.

Business » Finance | 1 hour ago

Bulgaria Applies for Flood Damage Aid from EUSF

Bulgaria has applied for assistance under the European Union Solidarity Fund (EUSF) for coping with the flood damage in the northwestern regions of Vidin and Vratsa.

Politics » Bulgaria in EU | 1 hour ago

President Plevleniev: Bulgaria Can Meet EU's Renewables Target

The EU's aim to curtail carbon emissions by 40 percent and boost green energy's share in the mix by 27 percent, adopted Friday, can also be accomplished by Bulgaria, President Rosen Plevneliev said.

Politics » Bulgaria in EU | 1 hour ago

Over 15 000 People Not Let Into Bulgaria in 2014

A total of 15 126 people were not allowed to cross the Bulgarian-Turkish border since the beginning of 2014, Interior Ministry Chief Secretary Svetlozar Lazarov told journalists at a joint press conference with caretaker Interior Minister Yordan Bakalov.

Society | 2 hours ago

Plovdiv Mayor Signs Contract for BGN 30 M Loan from EBRD

Ivan Totev, Mayor of the Plovdiv Municipality, has signed a contract with the European Bank for Reconstruction and Development (EBRD) for a loan of around BGN 30 M.

Politics » Domestic | 2 hours ago

Hungary Mulls Unprecedented Internet Tax

Hungary could become the world's first country to levy usage of the Internet after its Economy Minister Mihály Varga proposed the move on Wednesday.

World » EU | 2 hours ago

Bulgaria's Osam, Vit Rivers Water Levels Increasing Due to Heavy Rains

The water level of the river Osam in the north-central Bulgarian city of Lovech has increased by 1 meter in the last day after the pouring rains that hit the region.

Society » Environment | 2 hours ago

Car Tolls at Danube Bridge 2 May Drop by 50%

Hristo Monev, Deputy Chair of the Supervisory Board of Danube Bridge 2 Vidin – Calafat AD, has suggested that the car tolls could be reduced by 50%.

Business | 3 hours ago

Clocks Set To Astronomical Time On Sunday

At 4 AM on Sunday the clocks will be set one hour back, reminds the Meteorological Institute of the Bulgarian Academy of Sciences.

Business | 3 hours ago

Bulgaria's Ombudsman Predicts 'Avalanche Of Lawsuits' Regarding KTB

Bulgaria's courts will be flooded by “an avalanche of lawsuits” with connection to the Corporate Commercial Bank (KTB), Bulgaria's Ombudsman Konstantin Penchev told the BNR public broadcaster.

Business » Finance | 3 hours ago

Over 100 People Residing in Bulgaria Illegally Arrested in Special Operation

A special police operation against persons residing in Bulgaria without authorisation is underway on the territory of the country.

Society | 4 hours ago

European Union to Boost Ebola Research with EUR 24.4M

The European Commission has announced EUR 24.4M from the EU budget for urgently needed Ebola research.

World » EU | 4 hours ago

Antoaneta Vasileva Questioned In Money Laundering Investigation

Antoaneta Vasileva, wife of Tsvetan Vasilev – majority owner of troubled Corporate Commercial Bank (KTB) was questioned in the Sofia Investigation Service in connection to a money laundering investigation, reports Dnevnik.

Society | 5 hours ago

Bulgaria Determined to Keep Varna TPP Functioning – Deputy Minister

Bulgaria is determined to rescue the Varna thermal power plant, according to Anton Pavlov, Deputy Minister of Economy.

Business » Energy | 5 hours ago

Bulgaria's Dwelling Prices Record Slight Decrease in Q3 2014

The market price index of dwellings for Q3 2014 compared to Q2 2014 was 99.9%, i.e. the average decrease of the market prices of dwellings was 0.1%, according to Bulgaria's Statistical Institute.

Business » Properties | 5 hours ago

US Software Company To Acquire Bulgaria's Telerik For USD 265.5 M

The US Progress Software Corporation announced it has entered into a definitive agreement to acquire Bulgaria's leading software developing company Telerik AD for USD 262.

Business | 6 hours ago

Bulgaria’s End-August Gross Foreign Debt Rises 2.2% Y/Y

Bulgaria’s gross foreign debt totalled EUR 38.2B as of end-August, increasing 2.2% from a year earlier and 2.3% higher compared with end-2013, the central bank has said.

Business » Finance | 6 hours ago

Bulgarian Red Cross Warns of New Refugee Wave

Bulgarian Red Cross expects a refugee wave, and is properly preparing to face it, Hristo Grigorov, head of the organization said, Friday, Darik news reports.

Society | 6 hours ago

Sweden Ends Search for Suspected Submarine

Sweden on Friday called off its search for a suspected foreign submarine in the sea south of Stockholm.

World | 7 hours ago