Bulgaria Grapples with Soaring Corruption Rates: New Report Reveals Shocking Data
Corruption in Bulgaria has soared to its third highest peak in history, according to a recent report by the Center for the Study of Democracy
Former Portuguese Prime Minister Jose Socrates was officially charged with corruption and money laundering as part of a major anti-corruption investigation that began in 2014, the prosecutor's office said, suspecting him of receiving about EUR 24 million in bribes, France press office said.
Socrates is suspected of 31 charges of passive corruption, money laundering, tax fraud in aggravating circumstances and falsification of documents, the Portuguese prosecutor's office said. In addition to the former prime minister who ran the country from 2005 to 2011, 18 more people and 9 businesses were charged.
According to the findings of the investigation from 2006 to 2015, Socrates and his accomplices have accumulated over EUR 24 million in Switzerland. In return, they provided services to various businesses, including the Espirito Santo bank, which went bankrupt in 2014.
The 60-year-old former politician continues to deny his guilt. He was arrested in 2014, and nine months later he was placed under house arrest and later released. Socrates' lawyers immediately declared the accusation unfounded. They added in a communique that they would use all legitimate means to guarantee his protection.
The decision to raise charges was expected for several months. It has been postponed several times due to requests for international cooperation and the discovery of new facts. The indictment contains over 4,000 pages. There is no date yet for the trial.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
GERB MP Daniel Mitov has announced his refusal to accept the offer to serve as acting foreign minister, citing concerns about becoming a pawn in the current power struggle
The Bulgarian National Assembly has unanimously voted in favor of a 30% salary increase for military personnel
Amid escalating tensions between Israel and Iran, the Bulgarian government is closely monitoring the situation and stands prepared for the potential evacuation of Bulgarian citizens
In a recent meeting of the European Council, Acting Prime Minister Dimitar Glavchev underscored Bulgaria's unwavering support for Ukraine amidst discussions surrounding the fight against disinformation and foreign manipulation of information
In a testament to enduring friendship, this year marks the 75th anniversary of the establishment of diplomatic relations between Bulgaria and China
Acting Minister of Transport, Georgi Gvozdeikov, has taken the unprecedented step of canceling the tender for the supply of 35 single-deck motor trains, valued at a staggering BGN 1.1 billion
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022