Wow Moment for Bulgaria! Nikola Tsolov Wins His First Formula 2 Race
Bulgarian racing talent Nikola Tsolov opened the 2026 Formula 2 season with a major achievement, taking victory in the main race at the Albert Park circuit in Melbourne
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President Rumen Radev said he wouldseek a rational solution for the date of dissolution of the National Assembly and the scheduling of the parliamentary elections. He was speaking in response to the queries of journalists present at Friday's opening of a medical simulation training centre at the Military Medical Academy in Sofia.
The question is not so much the date of the elections as whether the National Assembly will be able to manage at least part of
the work, Radev said. The MPs failed to form a government, but they are also responsible before the Bulgarian public for the
update of the budget. The head of State believes the MPs will not leave working people, pensioners, hospitals and business
without money. He also added that there are also important bills whose vote is pending.
Radev also said that Parliament refuses to take any stance on the Recovery and Resilience Plan, which is not a good sign to
Bulgarians.
Taking a question regarding combining the forthcoming parliamentary elections with the presidential ones, Radev reiterated his opinion that that would run against the spirit of the Constitution and the differentiation of responsibilities of the individual institutions. Nor is such a variant in the interest of the presidential institution, he said, adding that it should also be born in mind that the crisis is deepening, Bulgarians have to be called to the polls in three consecutive weeks, which in turn costs money and time.
Taking a question about the caretaker government, Radev said it was not on the agenda and what was most important was what
Parliament would do. He added that what he had wanted was to show with the present government that a new model and style of
governance was possible, one that overcame the antagonism between parties. This proved successful and showed serious results, he said./BTA
Bulgaria’s economy expanded by 3.0% in the fourth quarter of 2025 compared to the same period in 2024, according to preliminary figures from the National Statistical Institute. On a quarterly basis, seasonally adjusted data indicate a growth of 0.8% relat
One week after the start of the US and Israeli strikes against Iran, the effects are already visible on global oil markets. The escalation quickly influenced trading on international exchanges, where crude oil prices reacted to the rising uncertainty surr
The Pazardzhik-based battery manufacturer "Elhim-Iskra" will halt operations and begin laying off staff, affecting nearly 200 employees
Fuel prices in Bulgaria have risen by 2 to 5 percent over the past week, largely due to supply restrictions following the outbreak of military operations in the Middle East
In Bulgaria, fuel industry experts warn that if oil prices reach USD 100 per barrel, gasoline at the pump could exceed €1.50 per liter.
The ongoing escalation in the Middle East has prompted a significant wave of cancellations among Israeli tourists planning to visit Bulgarian ski resorts, particularly in Bansko
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