Big Win for Bulgaria and Romania as Austria Lifts Schengen Veto!
Austria has officially announced that it is lifting its veto on Bulgaria and Romania’s accession to the Schengen Area by land
Amidst mounting controversy, the Georgian government's push for a law on "foreign agents" has ignited fierce debate, prompting President Salome Zourabichvili to assert her authority with a promised veto. The proposed legislation, which mandates registration for media and non-governmental organizations receiving over 20% of their funding from abroad, has drawn sharp criticism for its perceived encroachment on freedom of expression and association.
According to reports from the Associated Press, the bill mirrors a previous iteration that was shelved by the ruling "Georgian Dream" party following widespread public outcry and street demonstrations. Termed the "Russian law" by opponents, the measure has raised concerns about Georgia's trajectory vis-à-vis its aspirations for European Union membership, with critics viewing it as a step away from EU values.
The revised text, while ostensibly similar to its predecessor, substitutes the contentious phrase "agents of foreign influence" with the ostensibly softer language of "protecting the interests of an external power." However, the semantic change has done little to assuage fears of government overreach and curtailment of civil liberties.
President Zourabichvili's impending veto underscores the government's internal divisions and the broader societal discord surrounding the proposed legislation. Yet, the efficacy of her action remains uncertain in light of impending constitutional changes set to alter the presidential election process.
Under the revised constitutional framework, slated to take effect following Zourabichvili's term, the next president will be elected by an electoral college comprising all deputies—a departure from the current direct popular vote system.
Bulgaria may halt the transit of Russian gas to Serbia via the TurkStream pipeline starting in the new year if Gazprom fails to ensure payment compliance with U.S. sanctions against Gazprombank
BETL, a company operating a financial scheme targeting Bulgarian investors, has ceased paying dividends as of December 5, 2024
Bulgaria is expecting a boost in winter tourism this year, with about 3.1 million foreign visitors projected between December and March
Housing affordability in Sofia has improved since the pandemic, making it one of the few capitals in Central and Eastern Europe (CEE) to experience this positive trend
Thousands of Bulgarian consumers who invested in the British company BETL have reported that the company has stopped paying daily dividends and appears to have ceased its operations.
Employers' organizations in Bulgaria are urging the government to extend the compensation program for high electricity prices into 2025.
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