Bulgaria’s Real Estate Market and the Euro: What to Expect After Adoption
The question of how Bulgaria’s adoption of the euro will influence the real estate market has sparked considerable interest among property owners
Three MPs from the controversial Bulgarian far-right Ataka (Attack) party have left its parliamentary group, leaving it with just 17 deputies.
Valentin Nikolov, Kiril Gumnerov and Ognyan Peychev are yet to share the motives for their move. The defection came after an accident Friday, in which Ataka supporters physically assaulted praying Muslims in front of a mosque in downtown Sofia.
Ataka is the ruling centrist-right GERB party's only parliamentary ally. However, earlier Wednesday, Bulgaria's Prime Minister Boyko Borisov condemned it over Friday's incident.
He did not exclude the possibility of early general elections in the autumn, to be held together with the local and presidential vote, but denied allegations that this is a deliberately pursued plot.
Borisov once again reproached the political parties – the conservative RZS, the right-wing Blue Coalition and the nationalist Ataka - for pledging support for his minority government only to withdraw it later.
The Prime Minister's GERB has 117 of a total of 240 seats in Bulgaria's unicameral parliament and has so far ruled with the support of 20 deputies from Ataka.
In December 2010 Kamen Petkov became the first member to leave Ataka's parliamentary group, citing disagreements with the policy of the leadership, which he has described as "spineless support for the government".
Brussels has unofficially warned Bulgaria’s Finance Minister Temenuzhka Petkova that the country’s euro adoption process could be suspended, according to BGNES, citing Nova TV.
"Everyone wants positions – in regulatory bodies and ministries," he emphasized.
Bulgaria’s toll system now has the technical capability to track average vehicle speeds, as announced by the National Toll Management following a meeting with Regional Development Minister Violeta Koritarova.
The income required to cover living expenses for a working individual and a three-member family with a child under 14 has remained almost unchanged compared to June, according to an analysis by the Confederation of Independent Trade Unions in Bulgaria (CI
The Council of Ministers has adopted a resolution to set the minimum wage at 1,077 leva, reflecting a 15.
Every 20 minutes, fire alerts are received from across Bulgaria.
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