200 Employees Out of a Job: Battery Manufacturer Closure Signals Broader Struggles for Bulgarian Manufacturing
The Pazardzhik-based battery manufacturer "Elhim-Iskra" will halt operations and begin laying off staff, affecting nearly 200 employees
Bulgarian MEP Radan Kanev said he raised concerns within the EPP group about Bulgaria’s prime minister signing the so-called Charter of the “Board of Peace,” which he described as a personal international structure linked to Donald Trump. Writing on Facebook, the MEP explained that he warned colleagues the move poses a reputational and political risk for the EPP, noting that only two EU heads of government had signed the document: Hungary’s Viktor Orban and Bulgaria’s Rosen Zhelyazkov. Kanev underlined that Zhelyazkov is generally portrayed as a pro-European EPP prime minister, making the decision particularly problematic.
According to Kanev, the discussion took place against the backdrop of the Greenland dispute and tensions over an unbalanced EU-US trade agreement. He stressed during the debate that attitudes toward Trump’s pressure tactics and the need for a unified European response would inevitably become part of Bulgaria’s domestic election campaign. Kanev added that he made it clear to his EPP colleagues that he would personally and forcefully criticize GERB and Boyko Borisov over the signature, insisting this would be done on the basis of firm principles rather than political convenience.
Kanev highlighted a response from EPP leader Manfred Weber, which he described as noteworthy. Weber reportedly said that during a meeting in Zagreb, Boyko Borissov had explained that certain “special issues” between Bulgaria and the United States had made the signing necessary, while also assuring that the Charter would not be ratified. Kanev emphasized that this exchange took place openly, in front of hundreds of MEPs, staff members, and representatives of the EPP and the European Parliament, and clarified that he does not publicly disclose private conversations.
He pointed out that this explanation differs significantly from the narrative Borisov has presented to Bulgarian media. Kanev wrote that he finds it troubling to hear claims of unspecified “special issues” between Bulgaria and the United States, adding that he hopes these concerns are personal rather than national. He concluded by warning that he would find it unacceptable if personal problems were allowed to translate into national risks or lead to humiliation for the country.
France, Italy and Greece have agreed to align their military presence in Cyprus and the eastern Mediterranean in response to rising regional tension
Natural gas prices in Europe climbed sharply, rising 8% in early trading today following warnings from Russian President Vladimir Putin that Moscow could halt deliveries to the continent.
Spanish Foreign Minister José Manuel Albares has firmly denied claims by the United States that Spain has agreed to assist in the American military operation against Iran
Spanish Prime Minister Pedro Sanchez has delivered a firm rebuttal to US President Donald Trump’s threat to cut trade with Spain, emphasizing his government’s refusal to participate in military action against Iran and reiterating a clear stance of “No to
French President Emmanuel Macron delivered a keynote address on France’s nuclear strategy from a military base hosting the country’s ballistic missile submarines, outlining a significant update to the nation’s deterrence doctrine
Spain has barred the use of its military bases for strikes on Iranian targets, prompting the immediate departure of U.S. aircraft stationed in the country
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A Disgraceful Betrayal: Bulgaria's Shameful Entry into Trump's Board of Peace