The specialized criminal court has acquitted businessman Ivo Prokopiev, former finance minister Simeon Djankov and economy minister Traicho Traikov. They were accused of causing the state damages of millions of euros during the sale of a 33% state-owned stake in electricity distribution company EVN.
In December 2011, the achieved average price per share of EVN Bulgaria Elektrorazpredelenie was EUR 835, which is 18.8% above the minimum price. Through the stock exchange transaction, the shares were sold for EUR 47.55 million with an initial evaluation of EUR 39.88 million. According to the prosecution, the assessment was manipulated and the actual market price of the shares was 909 euros per share.
The Speaker of the National Assembly has no right to rule unilaterally on a national referendum. This becomes clear from a decision of the Constitutional Court in relation to the refusal of former Parliament Speaker Natalia Kiselova to submit for..
The special commercial administrator of Lukoil Neftochim Burgas, Rumen Spetsov, has dismissed Evgeny Manyakhin as chairman of the company's board and revoked his authority to represent the company. The decision has been published in the Commercial..
Four in five Bulgarians do not believe the country’s democracy is genuine, according to an independent survey by the Myara sociological agency. The poll found that 81.2% of respondents said Bulgaria does not have real democracy, while 78.2%..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
According to data from the National Seismological Center at the National Institute of Geophysics, Geodesy and Geography - BAS, at 16:48 an earthquake..
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