Bulgaria and the Euro: What Happens to National Monetary Sovereignty?
One of the most debated topics around Bulgaria’s upcoming transition from the lev to the euro is whether the country is giving up its sovereignty
Bulgarian Authorities Release 3 'Bosses' Busted in 'Energy Fraud' Operation
Crime | September 23, 2013, Monday // 14:21
- Tweet
Send to Kindle
The offices of Risk Engineering in the Borovo district in the Bulgarian capital Sofia, photo by BGNES
Krum Atanasov and Ivo Lefterov, former CEOs of Bulgaria's National Electric Company, NEK, together with Sabin Sabinov, CEO of Worley Parsons in Bulgaria, all arrested on Friday on suspicion of fraud in the energy sector, have been released.
Speaking to Offnews on Monday, Sofia City Prosecutor’s Office spokesperson Zornitsa Taskova explained that the three bosses were detained in police custody which legally lasts no more than 24 hours.
Taskova added the prosecutor’s office has not asked for the case to be prolonged.
The three – Atanasov, Lefterov, and Sabinov – have not been officially charged, pending the analysis of documents seized from the offices of Worley Parsons and Risk Engineering.
The police operation took place on Friday in 17 offices in total, located in the capital Sofia, in the offices of Risk Engineering, the western city of Pernik, and the Danube towns of Kozloduy and Belene.
Worley Parsons is the company that was hired by NEK for the consultancy of the project to build a second, Russian-sponsored Nuclear Power Plant, NPP, in the Danube town of Belene.
Risk Engineering of Bulgarian businessman Bogomil Manchev is a subcontractor for the consultancy.
Related Articles:
Bulgaria Sees Rising Deposit Interest Rates, Loan Rate Hikes Expected Only in Late 2026
Recent analysis by the financial portal "Moite pari" indicates that interest rates on bank deposits are starting to climb, particularly noticeable among smaller banks over the past year
Bulgaria Sets Poverty Bar Well Above New World Bank Global Minimum
The World Bank has recently updated its international poverty line, raising it to $3.00 per day
Society | June 23, 2025, Monday // 23:00
Bulgaria Ranks Second in Europe for Excellent Bathing Water Quality
In 2024, the quality of bathing waters across the European Union remained high
Bulgaria Nears Bottom of EU Rankings in Household Material Well-Being
In 2024, Bulgaria ranked near the bottom in the European Union when it comes to material well-being, placing second to last alongside Estonia
Society | June 22, 2025, Sunday // 23:00
European Commission Confirms Bulgaria Meets Inflation Criteria Ahead of Euro Adoption
The European Commission has confirmed that Bulgaria meets the inflation criterion necessary for joining the eurozone
Tragedy in Burgas: Female Doctor Dies After Physical Assault by Former Partner
A female doctor from Burgas has died, two months after being severely beaten by her former partner and colleague during a celebration
Crime | June 19, 2025, Thursday // 15:09
Three Ukrainian Citizens Detained for Abducting a Minor in Sofia
Three Ukrainian nationals, aged 22, 24, and 25, have been detained by order of the Sofia City Prosecutor’s Office in connection with the kidnapping of a 17-year-old Ukrainian boy in Sofia
Crime | June 19, 2025, Thursday // 15:01
Bulgarian Parents Arrested in Thessaloniki After Leaving Baby Alone on Balcony
In Thessaloniki, police officers intervened after hearing the cries of an 11-month-old baby left unattended on a balcony
Crime | June 17, 2025, Tuesday // 14:18
Stabbing Incident at Sunny Beach: Waitress Injures Three Co-Workers
A 20-year-old woman from the village of Kalitinovo, Stara Zagora Province, has been detained by police following a stabbing incident at a restaurant in Sunny Beach.
Crime | June 13, 2025, Friday // 10:22
Protests Erupt in Varna Amid Allegations of Police Involvement in Man’s Death (VIDEO)
Tension gripped the Bulgarian city of Varna on Tuesday evening following the death of 36-year-old Yavor Georgiev
Crime | June 11, 2025, Wednesday // 10:19
Bulgaria Cracks Down Again on Illegal Elderly Homes: 130 Rescued from Abuse in Varna
A total of 130 people are being removed from three illegal adult care facilities in Varna following an operation carried out Monday night - the third such action in recent weeks
Crime | June 10, 2025, Tuesday // 08:05
