The Prosecutor’s office acquitted an Israeli citizen, charged with fraud of Bulgarian banks. Meir Ovadia was the main suspect in the embezzlement of more than USD 1 BLN from Bulgarian banks. According to the ordinance of the Supreme Cassation Court the allegations have been based on insufficient proofs. Ovadia was accused of money-laundering and fraud days before Christmas.
In 2024, about 68% of households across the European Union were owner-occupied, a slight decline from 69% in 2023, according to Eurostat data. The remaining 32% of the EU population lived in rented homes, up from 31% the previous year.
Retail trade in Bulgaria continued its strong momentum at the end of 2025, standing out among European Union countries as one of the top performers, according to Eurostat data.
Between 2019 and 2023, Bulgaria’s industrial sector has experienced a significant contraction, with roughly 104,557 jobs lost, nearly half of them in the processing industry, amounting to almost 15% of the country’s industrial workforce
The initial drilling effort in the Han Asparuh block (offshore oil and gas exploration area) of the Bulgarian Black Sea, named Vineh-1, did not uncover significant natural gas reserves, according to Offshore-energy
French President Emmanuel Macron’s top diplomat, Emmanuel Bonne, traveled to Moscow on Tuesday to meet with Russian officials, aiming to discuss key issues, with Ukraine at the forefront.
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