Bulgaria Imposes Fines Up to €50,000 for Price Gouging After Euro Launch
Two weeks after Bulgaria adopted the euro, tensions in the retail sector are growing as many stores continue to return change in levs rather than euros
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The driving licenses of 254 people were taken away by the Traffic Police because of unpaid fines.
Penalties were imposed during a five-day action in which police officers checked whether drivers and passengers in cars had paid earlier fines. During the period from May 2nd to May 6th, 8468 people were checked, of whom 2,074 were passengers, reported Ministry of Interior.
During the inspections, to the drivers were given 1092 electronic fiches, and to their companions - 179. Over 200 were the sanctioned drivers and passengers who were traveling without belts and helmets.
Outgoing Deputy Prime Minister and Minister of Innovation and Growth Tomislav Donchev addressed the issue of labor imports in parliament, stating that bringing in workers from non-EU countries is only a temporary solution.
Bulgaria’s outgoing Agriculture Minister Georgi Tahov has assured that the European Union’s trade deal with Mercosur will not negatively affect the country’s economy, pointing to the very limited trade between Bulgaria and the South American bloc.
Energy Minister Zhecho Stankov has firmly rejected claims by former Finance Minister Asen Vassilev from "We Continue the Change" that Bulgaria’s inflation is driven by high household electricity prices
Simeon Dyankov, chairman of Bulgaria’s Fiscal Council, has warned that price increases implemented by traders are likely to remain in place despite new laws and fines
The Bulgarian passport offers its holders visa-free access to 178 countries and territories, placing it 11th globally for travel freedom and expedited border crossing, according to Henley & Partners.
The U.S. Department of State, the University of National and World Economy (UNWE), and Bulgarian Energy Holding (BEH) yesterday concluded two seminars on stakeholder engagement and industrial applications of small modular reactors (SMRs)
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