Bulgaria Officially Requests Convergence Reports for Euro Adoption
Bulgaria has officially requested the preparation of extraordinary convergence reports to assess the country’s readiness for joining the eurozone
Bulgarian Parliament Adopts Activity Report of Anti-Corruption Commission for Illegal Assets Forfeiture
- Tweet
Send to Kindle
The Bulgarian National Assembly has adopted the annual report of the Counter-Corruption and Unlawfully Acquired Assets Forfeiture Commission. It was supported by 76 MPs, as 35 abstained.
According to the report, in 2020 a total of 292 signals of conflict of interest were checked and with 30 decisions the commission confirmed the existence of such conflicts. The fines for an established conflict of interest last year total about EUR 300,000.
In 74 cases out of 490 prosecutor’s inspections, data on corruption crimes were also collected.
Over the past year, this country exchanged information with 38 countries in the process of establishing illegally acquired property.
The report states that in 2019 the anti-corruption committee received a total of 166 signals on which proceedings were instituted. Sanctions and confiscation of property under penal decrees to the tune of BGN 173,511 (EUR 88,714) were imposed.
MPs from the Bulgarian Socialist Party criticized the report, saying that despite the reported activity, the levels of corruption in the country remain high.
MPs from the ruling GERB party objected that the data in the report showed that the commission was working seriously.
Related Articles:
PM Zhelyazkov: Bulgaria’s Eurozone Convergence Report is Still on the Horizon
The request for a convergence report to join the eurozone will be made after February 18, once the draft State Budget is submitted
Bulgaria Awaits Price Stability Milestone to Seek Eurozone Readiness Report
Bulgaria will request a convergence report from the European Commission regarding its readiness to join the Eurozone once the country fulfills the price stability criterion
Bulgarian Enterprises Mandated to Include Sustainability Reports in Annual Activity Statements
The Bulgarian Parliament has approved amendments to the Accounting Law, mandating that enterprises include a sustainability report in their activity reports
Business | August 15, 2024, Thursday // 13:26
Report: High Rates of Alcohol and Cigarette Use Among Bulgarian Students
A recent UN report on the health behaviors of school-age children has unveiled concerning trends regarding alcohol and cigarette consumption among Bulgarian students, sparking widespread concern
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
Politics | April 18, 2024, Thursday // 08:19
Borissov Loses Patience: Political Bargaining Over Key Positions and Budget 2025
"Everyone wants positions – in regulatory bodies and ministries," he emphasized.
Toll Cameras in Bulgaria Now Track Speeding Violations
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.
Over 1.6 Million Bulgarians Earn Below Living Wage
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
Bulgarian Government Approves Increase in Minimum Wage to 1,077 Leva (550 euro)
The Council of Ministers has adopted a resolution to set the minimum wage at 1,077 leva, reflecting a 15.
PM Glavchev: We Continue the Fight Against Fires, Protecting the Lives of People and Firefighters
Every 20 minutes, fire alerts are received from across Bulgaria.
Kiril Petkov on his Citizenship: I Do Not Feel Any Guilt
I feel no moral guilt towards anyone. This was stated by Kiril Petkov, answering a question whether he would apologize to the Bulgarian people for violating the Constitution.
