€7.3 Billion on the Table: Is Bulgarian Business Ready for Europe’s Defense Boom?
Europe is undergoing a fundamental shift in how it approaches defense, moving beyond increased spending toward the creation of an entirely new industrial ecosystem
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Veselin Georgiev became publicly known as "Batko" (the Bulgarian word for an elder brother) after he was charged with awarding contracts worth tens of millions of levs to companies run by two of his brothers. Photo by Sofia Photo Agency
A Bulgarian court has referred back to prosecutors the trial against the former head of the state-owned National Road Infrastructure Fund, who has been accused of giving lucrative contracts to his brothers.
Vesselin Georgiev is charged with awarding contracts worth tens of millions of levs to companies run by two of his brothers.
Sofia City Court said on Tuesday the trial against him has been flawed from the very beginning – first the defendant was charged with one crime, to which another two were added later.
The trial has been repeatedly postponed after either the defendant or witnesses failed to appear at the court room.
The controversy that led to the freezing of the EUR 723 M earmarked to improve Bulgaria's dilapidated roads broke out following an investigation by the newspaper Kapital.
Georgiev resigned from his post under pressure from the media.
This is one of a number of large-scale schemes for siphoning public funds for the personal benefit of close relatives of high-ranking servants, which have been unveiled over the last two years in Bulgaria and which Brussels follows closely.
A young man from Chirpan has died after spending months in a coma following a violent assault that reportedly began over a dispute involving cigarettes
A 53-year-old man with a criminal record has been detained in Bulgaria during a targeted police operation against vote buying, carried out in the village of Brestnitsa in the Lovech region
A criminal network linked to Bulgaria has been accused of defrauding dozens of elderly people in northern Greece through an elaborate telephone scam that resulted in losses exceeding 600,000 euros, according to Kathimerini.
A premeditated murder investigation is underway after a violent incident in the village of Kokalyane near Sofia, where a man is accused of fatally stabbing another person inside a garage that had been adapted for living
Italian authorities have launched an investigation into a large-scale scheme involving the illegal export of hazardous waste to Eastern Europe, with five Bulgarian nationals among those under scrutiny
Authorities in Bulgaria report a significant escalation in efforts to combat election-related violations, with 183 individuals detained in connection with crimes against electoral rights
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